Business: General Motors Changes Drivers

New leaders as the auto giant faces troubled times

Auto industry observers scrutinize executive promotions at General Motors the way that Kremlinologists study the lineup of Soviet leaders at the annual May Day parade. This year the stakes were especially high. With Chairman Thomas A. Murphy and President E.M. Estes both nearing their 65th birthdays and required to retire in December and January, the firm's two top jobs would be opening up for the first time in six years. The giant automaker last week cut short the executive-suite guessing game. It announced that...

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