US: GM CFO eyes future 10% profit margin

According to comments made by GM's Chief Financial Officer, Dan Ammann, in an interview with the Wall Street Journal, the OEM aims to raise its profit margin to 10% over the "next several years", up from the current reported EBIT margin of about 6% (in Q3 2011). The newspaper calculates that Subscribe to Automotive World … Continued

• By Webmaster
• February 6, 2012