Wednesday, March 26, 2014

Exclusive: GM ratchets up truck discounts as U.S. sales skid

By Paul Lienert and Ben Klayman DETROIT (Reuters) - General Motors Co ratcheted up discounts in February on its full-size pickups, but it is telling Wall Street analysts that it intends to maintain premium pricing and margins on the trucks despite a drop in volume and market share. On Tuesday, Chuck Stevens, GM's new chief financial officer and a key member of CEO Mary Barra's executive team ...

Source: http://news.yahoo.com/exclusive-gm-ratchets-truck-discounts-u-sales-skid-015716501--sector.html

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