Gm Events & Presentations Gm Restructuring Plan Submitted To U.S. Department Of The Treasury

General Motors presented an updated viability plan to the U.S. government that details further actions to reduce costs, streamline operations, and improve competitiveness. Key aspects of the plan include reducing the number of GM brands and nameplates, cutting costs through layoffs and capacity reductions, and achieving break-even at lower production volumes in North America. If approved, the plan would help GM repay its loans but additional government support is still requested.