(Reuters) - NEW YORK, April 4 - General Motors Corp.'s head of North American operations said on Wednesday he expects second-quarter sales to be softer than initially forecast due to a weaker overall industry than GM had anticipated.
Speaking on the sidelines of the New York International Auto Show, Troy Clarke said the automaker was scaling back production on some cars and mid-size sport utility vehicles to cope with softer demand.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment