Monday, October 24, 2016
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Video: New GM Chief Barra Vows To Keep 'fortress Balance Sheet'

By Clip Syndicate
General Motors Co's new Chief Executive Officer Mary Barra vowed on Thursday to maintain a "fortress balance sheet," which has been a mantra among executives at the biggest U.S. automaker since 2010, the year after it emerged from bankruptcy. In her first meeting with reporters since she took the top spot at GM last week, Barra said the company has been keenly focused on operating profitably everywhere it operates and maintaining a very strong balance sheet.

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