Sources told CNBC that Carlos Tavares was fixated on near-term costs and profits to the detriment of the business as well as the company’s products.
Related Posts
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.
GM’s Wall Street vindication is happening as it outperforms its peers in 2024
GM is proving it’s a standout among automakers this year as it continues to consistently outperforms Wall Street’s earnings expectations and its competitors.
How to protect your portfolio against risks tied to President-elect Trump’s tariff agenda
Astoria Portfolio Advisors CEO John Davi said he thinks the new administration’s policies could be “very inflationary.”