GM to Close Five North American Plants, Cut 10,000 Jobs

GM plans to close five North American plants and cut 15% of salaried staff due to declining sedan sales and a shift towards SUVs and pickups. The company aims to streamline operations by reducing executives and plans to reinvest in electric and autonomous vehicles, demonstrating their ability to adapt to market changes.

What is the expected annual cash flow generation that GM aims to achieve?

What future investments does GM plan to make with the generated cash flow?