German Manager Magazine: General Motors: US car manufacturer drops profit target due to strikes002829

The automobile workers’ strike in the USA beats the largest US car manufacturer General Motors to book. The Detroit-based company gave up its previous profit target for the full year in a range of $9.3 billion to $10.7 billion. With weekly costs of $200 million due to the loss of production, the management around GM… Continue reading German Manager Magazine: General Motors: US car manufacturer drops profit target due to strikes002829