Transport News Brief - SMMT

The business seems to have lost $1.5bn last year and shed 13,000 jobs in the US. Cerberus, founded in 1992 buys troubled firms and cuts costs to turn them around. Analysts think that health care costs will be a particular target at Chrysler. Cerberus is part of a group with a majority stake in GM’s finance arm, General Motors … ................
................