GM’s profit outlook is rising after announcing restructuring in November
GM’s profit outlook is rising after announcing restructuring in November
Back in November, General Motors unloaded a big bummer of an announcement: five plant closures, about 15,000 layoffs and the dispensing of several car models. GM said all that would save $4.5 billion by 2020. Today, GM CEO Mary Barra said the company expects 2018 earnings will be stronger than previously expected and said 2019 is looking good, too.
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