Bowing to grim reality, General Motors Corp. followed Ford's lead and cut its U.S. sales forecast Wednesday after a tough first quarter that saw a $3.3 billion loss.But unlike Ford, GM faces more unknowns that could complicate its North American turnaround and drag down strong results overseas, including a strike at supplier American Axle, the protracted bankruptcy case of its former parts ...
GM loses $3.3 billion in first quarter; lowers sales outlook (WJLA-TV Washington D.C.)Submitted by admin on Thu, 05/01/2008 - 09:14 |
