Steering PR From The ‘Inside Out’ — Helping GM Get Back On Track

Has GM started to turn the corner? The automotive giant posted a 47% jump in sales in June -- its highest level in 19 years -- fueled by its employee-discount-
for-everyone promotion (that recently was extended until August 1). And while Main Street may not be happy, Wall Street was not upset with GM's announced plans to cut 25,000
factory jobs, a move that reportedly will save the automaker $2.5 billion a year. From a 52-week high of nearly $45, GM's stock price sunk to $25 in April before starting a
gradual climb to around $35 in mid-July.