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"GM CEO sticks to strategy despite falling sales and shares DETROIT (AP) — Despite tumbling U.S. sales and a falling stock price, General Motors CEO Mary Barra says she'll stay the course with a strategy of cutting low-profit sales to rental car companies and keeping resale prices strong. Speaking to reporters before the company's annual shareholders meeting Tuesday, Barra said GM's share of profitable retail sales to individual buyers is rising and trade-in values for cars and trucks remain strong. With the stock price falling, are you considering increasing your stock buyback program to try to stimulate that? First we're going to make investments in the business, we're going to maintain an investment grade balance sheet. Some companies would like to see fully autonomous cars approved when these regulations come out, no steering wheels no pedals.", www.chron.com
"Read more about GM CEO says keep steering wheels, brake pedals in self-driving cars on Business Standard. DETROIT (Reuters) - General Motors Co Chief Executive Mary Barra on Tuesday said she believes self-driving vehicles should keep steering wheels, brake pedals and accelerators in them as the technology develops.", www.business-standard.com
"DETROIT: General Motors chief executive Mary Barra came out strongly Tuesday for regulations requiring the retention of steering wheels and foot pedals in self-driving cars.As the largest US automaker pushes into developing autonomous cars and trucks, Barra said keeping the vestigial appendages of traditional human-piloted vehicles is crucial for safety.`We do think we have a leadership position in autonomous,` Barra said.`It is very important we demonstrate safety. We think having the steering", www.brecorder.com
"From electric vehicles to full-size trucks, GM's range of autos has to serve a global customer - one in 120 countries to be exact. A major focus for Mark Reuss - GM's head of global product development - is streamlining the manufacturing of those cars. He spoke exclusively with Bloomberg's David Westin about keeping costs in check - while taking a spin in the new Chevy Cruz. (Source: Bloomberg)", www.bloomberg.com
"Just a few years ago self-driving cars where a thing of science fiction but today they’re a reality. It’s this new realm of possibility that is driving automakers to think like tech companies. Bloomberg’s David Westin spoke with GM President Dan Ammann about how the company can get from here to there. (Source: Bloomberg)", www.bloomberg.com
"In 2008 the auto industry experienced a downturn that forced the bailout of General Motors. Today the company is preparing for any potential downturns by adjusting their break-even point to withstand any economic downturn. Bloomberg’s David Westin spoke to GM’s Chief Financial Officer Chuck Stevens. (Source: Bloomberg)", www.bloomberg.com
"Just a few weeks after being made CEO of General Motors, Mary Barra was faced with the ignition switch scandal. Since then GM has recalled millions of cars and paid compensation for 124 deaths. In an exclusive interview with Bloomberg TV's David Westin she spoke about how she handled the scandal, how she 'never wants to forget it' and how she reacted to the news about VW's emissions tests cheating. (Source: Bloomberg)", www.bloomberg.com
"As U.S. auto sales approach a peak, General Motors is looking to China for growth. But GM must operate through a joint venture there, meaning profits are divided. David Westin spoke exclusively with GM's CFO Chuck Stevens about the automaker's China strategy. (Source: Bloomberg)", www.bloomberg.com
"After purchasing AmeriCredit back in 2010 and renaming it General Motors Financial - GM has expanded the leasing side of its business. But CFO Chuck Stevens says there's still more room for growth. In an exclusive interview with Bloomberg TV's David Westin he told him about GM's plans to double GMF's earnings and batted back concerns about subprime auto loans. (Source: Bloomberg)", www.bloomberg.com
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