Looks like an impossible job to me. All the CEO's know it requires a major restructuring. Not possible with the entrenched Union, older factories, current model lineup and razor thin profit margin of 3.4%. With Google and Apple entering the market and Tesla driving down the cost point for electric it's when they fall not if.
As I mentioned above. This is a long term play and I was looking for an entry point. I don't think it will take more than a year or two before people realize 3 things:
1. Electric cars will be way bigger than expected. The cost curve is dropping in a hurry.
2. Excess capacity for fuel cars will result in lower margin and there is only a 3.6% profit margin now.
3. Union obligations will chew up all the cash.
I've been waiting to short them awhile and feel now is the time. Don't think they can compete with with Tesla, Google, Apple and eventual Chinese electric car manufacturers. There is going to be an overcapacity in gas cars that will drive down margins. GM won't win the electric car battle. Self driving cars will cause a move to car sharing and shrink the total pie even more. As their volumes fall their union commitments wil lfinish them off. Just my opinion : )