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ROGER SMITH.
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- Author(s): Hampton, William J.
- Source:
BusinessWeek. 4/18/86, Issue 2942, p196-197. 2p.
- Subject Terms:
- Additional Information
- Abstract:
The article presents information on Roger Smith, chairman of General Motors Corp. The loss incurred by the company in 1985, when its market share dipped 5.5 points to less than 39%, has raised concern for Smith. Ascertaining the causes, Smith considered the shortage of cars due to strikes and lengthy plant-retooling programs as one of the chief reasons of loss. The critics said that the company has been over-producing cars for months, relying on low-rate financing incentives.
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