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Bloomberg TV to Air Special Report on General Motors Tonight.
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PR Newswire
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June 28, 2005
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Copyright informationCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, June 28 /PRNewswire/ -- As General Motors ("GM") struggles to recover from its recently reported $1.1 billion loss, a Bloomberg Television(R) Special Report -- airing tonight at 10:00 p.m. ET and again on July 4th -- investigates the challenges and opportunities facing GM. With analysts, customers and employees questioning GM's ability to recover, Bloomberg Television reports on GM's performance, competitive strategy and GM's current labor contract negotiations.
Since 2001, when Rick Wagener took over as the chief executive, GM profits have dropped 75 percent, while healthcare and pension costs have risen 35 percent. Today, for every current employee at GM, ...
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