Edition:
India

GM Expects To Record Pre-Tax Charges Of $3 Bln To $3.8 Bln Due To Restructuring Actions


Monday, 26 Nov 2018 

Nov 26 (Reuters) - General Motors Co ::GENERAL MOTORS ACCELERATES TRANSFORMATION.GENERAL MOTORS CO - TAKING COST ACTIONS AND OPTIMIZING CAPITAL EXPENDITURES TO DRIVE ANNUAL RUN-RATE CASH SAVINGS OF APPROXIMATELY $6 BILLION BY YEAR-END 2020.GENERAL MOTORS CO - ACTIONS ARE EXPECTED TO INCREASE ANNUAL ADJUSTED AUTOMOTIVE FREE CASH FLOW BY $6 BILLION BY YEAR-END 2020 ON A RUN-RATE BASIS.GENERAL MOTORS CO - ASSEMBLY PLANTS THAT WILL BE UNALLOCATED IN 2019 INCLUDE OSHAWA ASSEMBLY IN OSHAWA, ONTARIO, CANADA.GENERAL MOTORS CO - GM EXPECTS TO RECORD PRE-TAX CHARGES OF $3.0 BILLION TO $3.8 BILLION RELATED TO RESTRUCTURING ACTIONS.GENERAL MOTORS CO - ASSEMBLY PLANTS THAT WILL BE UNALLOCATED IN 2019 INCLUDE DETROIT-HAMTRAMCK ASSEMBLY IN DETROIT.