THE headquarters of General Motors (GM) tower over the other skyscrapers in Detroit’s city centre, a reminder that the carmaker still rules the American market. Yet GM’s domestic might increasingly contrasts with its position elsewhere in the world. Although most other carmakers see becoming ever bigger everywhere as the answer to the industry’s multiple challenges, GM is in retreat. It, too, long vied with the world’s largest carmakers for the global crown.
Comment on General Motors is getting smaller but more profitable
The Economist: Business, The Economist
Thu, 06/22/2017 - 6:43am
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