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Title: GM

Essay Details:

Subject: Science

Author: Emily E

Date: November 27, 2014

Level: University

Grade: A

Length: 2 / 505

Essay text:

But the move underscored the diverging fortunes of GM, which is struggling financially and losing market share, and Toyota, which is increasing both share and profits in the vast majority of auto markets around the world. Fuji Heavy President Kyoji Takenaka told reporters Wednesday that GM and Fuji Heavy have agreed to dissolve their relationship, and would rethink key joint projects. Fuji Heavy will continue to partner with GM in producing the Saab 9-2, a sport wagon, but Mr. Takenaka said the two will cancel plans announced last year to develop a Saab wagon-sport utility crossover vehicle, which will cause Fuji to take a charge of roughly $50 million during the current fiscal year related to the project...

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