http://money.cnn.com/2005/04/19/news/fortune500/gm_losses/
The one comment on plans Devine did make was to dispute recent speculation that the company is looking to get rid of one or two of its brands. Last month, Vice Chairman Robert Lutz referred to Buick and Pontiac as "damaged brands" and said that while the company thought they could be turned around, it would have to look at closing the brands at some point in the future if there wasn't improvement.
The one comment on plans Devine did make was to dispute recent speculation that the company is looking to get rid of one or two of its brands. Last month, Vice Chairman Robert Lutz referred to Buick and Pontiac as "damaged brands" and said that while the company thought they could be turned around, it would have to look at closing the brands at some point in the future if there wasn't improvement.