legacy cost | Driving the Nation

Does the world need General Motors?

To save or not to save GM According to John Casesa, automotive research, Merrill Lynch & Co., "General Motors has $20 billion of cash, pays a $2 annual dividend and believes that it can someday make $10/share under the right conditions. This is not the making of a persuasive argument for concessions. Second, the current [...]

John Batchelor General Motors legacy costs

Does the world need General Motors? April 22, 2005 -John Batchelor and Lou Ann Hammond discuss the General Motors legacy costs. Does the world need General Motors? According to John Casesa, automotive research, Merrill Lynch & Co., "General Motors has $20 billion of cash, pays a $2 annual dividend and believes that it can someday [...]