The changing face of auto-making in the U.S.
GM's "official" announcement of the switch to focusing on more fuel-efficient vehicles is discussed in this video. The company made tons of money on larger vehicles, but has suffered in the last year. Let's hope that this wise shift in their business model will help shore up the company's financial future.
Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.