Mary Barra, on the job roughly three weeks, detailed General Motors Co.
’s earnings Thursday and it all sounded so normal.
Not because she’s the first woman to lead a global automaker. Not because the new CEO sounded to be reading from a prepared script laced with words like “team” and “products” and “execute.” And not because GM’s $32 billion in adjusted earnings over 16 consecutive profitable quarters is so, well, expected that mentioning it borders on boring.
It all sounded so normal because Detroit’s automakers, for what feels like the first time in anyone’s memory, are settling into a groove also known as running their businesses the right way. And by “right way,” I mean in a manner that business people outside the old, thoroughly discredited Detroit bubble would recognize.Read Article