The World

Struggling carmaker GM likely to restructure again

In Detroit this morning, General Motors Corp.’s Rick Waggoner is expected to announce another company restructuring “to align the business to current market conditions.” Those would be the dwindling cash position, lagging truck and SUV sales, the tanking stock price and increased competition from Japanese carmakers. Guest: Jamie Butters, Detroit Free Press

In Detroit this morning, General Motors Corp.’s Rick Waggoner is expected to announce another company restructuring “to align the business to current market conditions.” Those would be the dwindling cash position, lagging truck and SUV sales, the tanking stock price and increased competition from Japanese carmakers. Guest: Jamie Butters, Detroit Free Press