Unlike some of its competitors, General Motors has no plans to pull out of parts of the passenger car business, GM Executive Vice President Mark Reuss told the annual Automotive News World Congress.
“We really don’t have to,” he said.
Reuss said General Motors global scale allows it to continue building cars in various segments. GM does plan to retire older models that are now sold in more remote markets outside the United States, but they will be replaced by vehicles built from global platforms that serve multiple regions, he said. (more…)