“Fewer brands means you can put more focus into improving the quality of engineering,” CEO Alan Mulally said Monday. The second-largest U.S. automaker has been surging ahead in both sales and honors over the past year.
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General Motors’ share of the U.S. automobile market is expected to slip to 18% in September, the third lowest ever recorded by the Detroit automaker.
Continue reading GM’s Market Share Hovers Near Record Low
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China’s SAIC Motor is considering taking a stake in General Motors when the Detroit-based automaker begins its public offering of stock later this year. Though some Americans will likely object to foreign ownership, GM’s stakeh…