GM CEO Mary Barr

GM CEO Sticks to Strategy Despite Falling Sales and Shares

Despite tumbling U.S. sales and a falling stock price, General Motors CEO Mary Barra says she’s sticking with a strategy of cutting low-profit sales to rental car companies and keeping prices strong. Barra tells reporters at the company’s annual meeting that GM’s share of profitable retail sales to individual buyers is rising and trade-in values for cars and trucks remain…