Saturday, January 12, 2013

GM CEO 'cautiously optimistic' about 2013; continues to defy critics

GM CEO 'cautiously optimistic' about 2013; continues to defy critics | MLive.com
In 2012, GM accomplished a number of company milestones, including reacquiring Ally Financial Inc., which helps give the company more control over lending and leasing to potential customers; de-risking its pension plan by $29 billion for salaried employees and retirees; achieving at least 11 consecutive profitable quarters; and reacquiring 200 million shares of common stock from the U.S. Treasury Department, which plans to exit the automaker by March 2014.

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