Thread: Highlights of GM's new restructuring plan
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Old 07-15-2008, 12:41 PM   #8 (permalink)
Ambalanche
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Re: Highlights of GM's new restructuring plan
Quote:
Originally Posted by doh View Post
[

* Engineering spending in 2008 and 2009 will be held at
2006-2007 levels.

* Capital expenditures now estimated to total $7 billion in
2009 versus prior plans for $8.5 billion.
So this sounds to me like R&D is going to suffer..... Beating Toyondassan just got a little harder....
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