New GM is spending less and making more than the old GM, says Mark Reuss
By Andrew C., 27 Aug, 2010. 0 Comments
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According to Mark Reuss, head of GM North America it appears that the company has finally found the solution to do business in style: the new GM is spending less and making more than the old GM. How come? Well, according to the same Reuss, the average transaction prices have risen $3,000 per vehicle and average discounts have fallen $1,200. Due to this fact GM sales are more impressive, despite the fact that it lost four brands: Saturn, Pontiac, Hummer and Saab, which was sold to Spyker. "Our products are highly desired," Reuss said. GM's breakeven also has fallen to a "record low," he said. "We have never operated at this level."
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