SHARE THIS ARTICLE

Cadillac will operate as a separate business unit from General Motors and report its own financial results within a few years, brand chief Johan de Nysschen said today.

Speaking to Wall Street analysts during a conference in New York, de Nysschen said that by then, Cadillac will have "a far higher degree of autonomy and self sufficiency" by 2017, which will allow it to break out its own profit-and-loss statements.

"For now, you'll have to accept my assurances that Cadillac at this state makes a very sizeable contribution to the overall profit at General Motors," de Nysschen said during a presentation at the J.P. Morgan Auto Conference.



Read Article


Could It Survive? Chief Says GM Is Holding Back Cadillac And It Might Be Better Off Being On It's Own

About the Author

Agent009

User Comments

Agent009
MDarringer
Car4Life
MDarringer
TomM
MDarringer
W124E320
MDarringer
W124E320
MDarringer
GMCadillac
mre30
Dr550
MDarringer
NewQ
MDarringer
PUGPROUD
NewQ
W124E320
NewQ
skytop
W124E320

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]