General Motors' (GM) CEO Mary Barra Presents at Deutsche Bank Global Auto Industry Conference (Transcript)

Jan. 10, 2017 9:43 PM ETGeneral Motors Company (GM)
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General Motors Company (NYSE:GM) Deutsche Bank Global Auto Industry Conference Call January 10, 2017 1:05 PM ET


Mary Barra - Chairman and CEO

Dan Ammann - President

Chuck Stevens - EVP and CFO


Rod Lache - Deutsche Bank

Ryan Brinkman - JPMorgan

Matthew Stover - Susquehanna Financial Group

Emmanuel Rosner - CLSA

Greg Tar - Board of Glimpse and Auxi Auto Digital

Unidentified Analyst -

Colin Langan - UBS Securities

Brian Johnson - Barclays Capital

Joseph Spak - RBC Capital Markets

John Murphy - Bank of America, Merrill Lynch


Rod Lache

Great. Thank you. In a number of important ways we would rank General Motors as one of the most dramatically transformed company in the automotive industry. The restructuring of this company went through six years ago; it's really just part of the story. In our view some of the biggest changes that we've seen are related to strategy. We've seen a GM that's much more focused on capital allocation over the past few years. We've seen a company that's been much more nimble. And we've seen a company that's begun to look at how to transform its business model in a very fundamental way. As I said in my introduction earlier, we are in a very dynamic market. In a number of ways the rules have changing and I am very pleased that GM is here to talk about their strategy and in light of these changes. With that introduction, I'd like to extend a very warm welcome to CEO of General Motors, Mary Barra.

Mary Barra

Well, thanks a lot for that introduction and thanks everybody for being here today. We are extremely proud to be here today to talk about General Motors. We had a great year in 2016 in every respect. It started with award winning product

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