June 3 - 6, 2024
Around the Net
GM Market Share Down Despite Strong Reviews
- Detroit Bureau, Tuesday, November 5, 2013 8 AM
General Motors has been steadily losing market share even though its products have gotten great reviews, and that is raising concerns about the maker’s competitiveness, according to a new report from the General Accounting Office, which continues to monitor the U.S. Treasury Department’s investment in the Detroit maker following its 2009 bankruptcy. The latest government report estimates taxpayers will ultimately lose about $9.7 billion on the bailout.
