Financial Times FT.com

GM prepares for ‘realignment’

By Bernard Simon in Toronto

Published: July 14 2008 21:55 | Last updated: July 14 2008 21:55

General Motors will unveil further measures on Tuesday to cope with the dramatic downturn in the north American vehicle market.

The world’s biggest carmaker said that the steps, to be outlined at a press conference, are designed “to align the business to current market conditions”.

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