Can General Motors Outperform The Rest of The Year?
T = Trends for a Stock’s Movement
General Motors designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, and Vauxhall brand names as well as under the Alpheon, Jiefang, Baojun, and Wuling brand names. It sells cars and trucks to dealers for consumer retail sales as well as to fleet customers in daily rental car companies, commercial fleet customers, leasing companies, and governments.
General Motors CEO Dan Ackerson is testing the possible candidates to replace him by giving them some of the company’s most difficult problems to solve, according to a report from the Wall Street Journal. There are four candidates up for the position: North American operations chief Mark Reuss, global product development head Mary Barra, Vice Chairman Stephen Girsky, and CFO Daniel Ammann. Ackerson hasn’t said exactly when he’s leaving GM, but he is expected to leave by 2015. The Journal pointed out that all the candidates are younger than 55 and so could lead the company for up to a decade, giving GM the kind of stability it hasn’t seen since before the financial crisis and its bankruptcy.