Thursday, April 4, 2013

GM Europe will step in the reform process


GM Châu Âu sẽ bước vào quá trình cải tổ- Loss in business during that time has led GM Europe branch again to rebuild the structure.
Today, General Motors is having a lot of difficulties in the old continent market. According to GM's financial statements in the quarter I/2012, revenue was down $ 1 billion from the same period last year. Meanwhile, GM earned $ 3.2 billion profit after the first three months of 2011.
In the U.S. market, GM for $ 1.69 billion pre-tax profit. In contrast, only the Opel brand in Europe was $ 246 million loss in the first quarter of this year. Surprisingly, this is the the business prospered 2nd quarter of Opel in the past one year.
Faced with that situation, Dan Akerson, GM Group chief executive, said the European branch will go into the process of reform in the near future. Participate in a radio interview, Mr. Akerson said the European branch is in a state of alert level 4.
Temporarily, Mr. Akerson did not reveal any rescue plan for the Opel brand. Instead, the head of the U.S. car group said: "We will carry out reconstruction of the European branch again."
In 2011, GM had lost $ 747 million in the European market. With the debt crisis raging in the old continent, GM group not hope for a brighter future this year. The analysts believe, the reform of the European branch of GM for long but will not have any plants to be closed.

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