The Traderszone Network

Published in TZ Latest News 9 March, 2015 by The TZ Newswire Staff

GM’s Barra bets she can deliver where predecessors fell short

General Motors Co (GM.N) Chief Executive Officer Mary Barra’s deal on Monday to return up to $10 billion to investors is a career-defining bet that she can reverse the automaker’s history of doubling down on money-losing products and failed expansion strategies. The linchpin of the strategy GM outlined to buy back $5 billion worth of shares and distribute another $5 billion in dividends to shareholders by the end of 2016 is a vow that the company will generate 20 percent or better returns on cash invested in new vehicles, advanced technology and other capital projects.

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