GM to outperform the targets set in its earnings viability plan

While we won’t see the full picture until General Motors Co. reveals its third-quarter earnings report later this month, CEO Fritz Henderson claims that its situation is “more stable than what the outlook was even just two months ago.” Last April, GM outlined its earnings viability plan and now, Henderson is claiming that GM is outperforming the targets that it had set.

We would have wanted to know the details and in which areas GM is outperforming but Henderson is reluctant to share the details. He even said that he won’t be confirming whether the carmaker is generating cash or not. The viability plan was presented to the government before GM filed for bankruptcy protection last June.
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