June 7, 2016

GM’s Barra Said ‘Undervalued’ Carmaker Can Sustain Profit

By: dailycar

It’s easy to see why. After record profit last year and higher earnings in the first quarter, GM shares were down 12 percent this year through Monday. Slowing growth in U.S. auto sales and long-term threats from auto industry interlopers like ride-sharing firm Uber Technologies Inc. and self-driving car developer Google are among investors’ concerns. […]