Financial Times FT.com

Chastened GM sets out on a fresh start

By Bernard Simon in Toronto and John Reed in London

Published: July 10 2009 15:06 | Last updated: July 10 2009 19:17

General Motors, for many years the world’s biggest industrial company, announced its rebirth on Friday with revamped management, a healthier balance sheet and a vow to be a leaner and nimbler global carmaker more in touch with customers.

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