GM Announces Second Round of Cost Cuts in Six Weeks as U.S. Economy Continues to Slump
July 16, 2008 at 11:43 AM EDT
General Motors Corp. (GM) yesterday (Tuesday) announced a series of cost-saving measures aimed at fighting waning domestic sales fueled by a weak U.S. economy and the soaring cost of fuel. “We are responding aggressively to the challenges of today’s U.S. auto market ,” GM…
