GM soars 4.1% as Lou Woodhill, writing in Forbes, suggests the company - still with inferior...

|By:, SA News Editor
GM soars 4.1% as Lou Woodhill, writing in Forbes, suggests the company - still with inferior products - is headed for bankruptcy again. Market share continues to fall - 18% through July of this year vs. 20% a year ago - meaning the company continues to lose cost-competitiveness. At some point, it will no longer have the resources to recover, he argues.