国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Auto Global

New GM CEO Barra vows to 'accelerate'

(Agencies) Updated: 2014-01-24 15:57

New GM CEO Barra vows to 'accelerate'

Mary Barra, incoming CEO of General Motors Co, reveals the 2015 GMC Canyon pickup truck in an industrial building in advance of the media preview of the North American International Auto Show in Detroit, Michigan Jan 12, 2014.?[Photo/Agencies]

DETROIT - General Motors Co's?new chief executive, Mary Barra, said on Thursday she has no plans to deviate from predecessor Dan Akerson's strategy as the No 1 US automaker pushes for profitability everywhere it operates.

"There are no right or left turns," said Barra, who took the wheel from Akerson last week as chief of the biggest US automaker. "We have momentum. We have a strategy.

"If I had to say it in one word, it's 'accelerate,'" Barra said, when asked at her first meeting with reporters as GM CEO what changes could be made. "It's more about accelerating business results by quickly sharing the best ideas."

Akerson, during his tenure of just over three years, led GM through an initial public offering, drove the company to record profits, and to leading positions in China and the United States, the world's top auto markets. On Akerson's last full day running the company, GM announced it would pay the first quarterly dividend on its common stock in six years.

Analysts said Barra's comments were not surprising.

"It's probably the right view because GM is still going through a period of discovery of how strong its brands are," said Morgan Stanley analyst Adam Jonas, who likes Barra's background as the former global product development chief.

"GM product has improved, can and will still improve, but will perceptions improve fast enough?" added Jonas, who has an "overweight" rating on the stock.

He said Barra needs to focus on reducing complexity and improving the company's products.

Barra, who over the past two days has met in Detroit with GM's top 300 global executives, vowed to maintain a "fortress balance sheet," which has been a mantra among executives at GM since 2010, the year after the company emerged from bankruptcy. She said strong finances are a must in the cyclical auto industry and would allow GM to reinvest in its operations and to return cash to shareholders.

The appointment of Dan Ammann as president will allow a greater focus in each of the world's regions and on the company's brands, and will speed up GM's plan to boost profit globally, Barra said. Amman's focus would lead to better and faster sharing of money-saving or profit-generating ideas across the company.

Ammann, who was previously chief financial officer, was named president the same day Barra was named CEO.

Barra emphasized that GM's senior leadership is aligned about the company's strategy and there would be no deviation from the plans laid out under Akerson because all the same leaders had input into those decisions.

GM said last week its expected modest growth in the United States and China this year would help fund about $1.1 billion in restructuring costs in its weaker regions, including Europe. It also expects a slight uptick in operating profit this year, an outlook that analysts called conservative.

Barra said all of GM's targets remain in place, including hitting 10 percent profit margins in North America and break-even results in Europe, both by mid-decade. She also cited opportunity for the company's luxury Cadillac brand, as well as in the Chinese market.

In Europe, Barra said the vehicles offered under the Opel brand are strong and that focus is now needed on rebuilding Opel's image.

"We're not talking anymore about Opel and its existence," she said. "We're talking about the product."

GM was the second largest global automaker by sales in 2013, behind Toyota Motor Corp?and just ahead of Volkswagen AG. GM was the global sales leader in 2011.

Hot Topics

Editor's Picks
...
...
丹凤县| 满城县| 南澳县| 福州市| 齐齐哈尔市| 桐梓县| 嘉鱼县| 开封市| 中阳县| 龙陵县| 虎林市| 沙雅县| 南昌市| 岢岚县| 封丘县| 麦盖提县| 荣昌县| 手机| 京山县| 洛扎县| 德惠市| 遂宁市| 门头沟区| 石狮市| 陆良县| 乌恰县| 庆元县| 织金县| 基隆市| 昆山市| 老河口市| 扶风县| 香河县| 灯塔市| 峡江县| 凤山县| 尼玛县| 屏东县| 泽普县| 宽甸| 麦盖提县|