The Incredible Shrinking GM: Mary Barra Bets That Smaller Is Better – The Wall Street Journal

Nearly a decade ago, Toyota Motor Corp. dethroned General Motors Co. as the world’s largest car company, leaving some GM executives wringing their hands.

Mary Barra wasn’t among them. When she took the CEO job in early 2014, she inherited a company that for decades was so large and unwieldy executives sometimes didn’t know whether parts of the business were making or losing money.

On…

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