General Motors said it will stop holding monthly calls to discuss U.S. sales figures with reporters and analysts, ending a 20-year practice.
 GM will rely on events like the annual LA Auto Show to meet with media. |
"We are ending the call to concentrate on conferences and other forums that allow us to discuss our strategy and our results with a long-term view and in a very holistic way," said financial communications manager Jim Cain.
GM said it will continue to release monthly sales figures and field inquiries on an individual basis.
The Wall Street Journal called monthly calls in the auto sector a "fading tradition" as carmakers move away from the "decade-long practice where each month analysts and journalists get to pepper executives with questions about the company's latest performance."
Ford, Toyota and Volkswagen of America still conduct monthly sales report calls.
Mary Barra takes the reins of GM as CEO on Jan. 15.
Business leaders will face challenges in the upcoming year, some of which will come as a complete surprise, or beyond anyone's imagination.
Teneo has hired Philipp Grontzki, who is a 20-year veteran of corporate communications and financial journalism, as a managing director in its strategy and communications group.
Rowan Benecke, who co-founded Zeno Group and helmed Burson-Marsteller's tech practice, has joined McKinsey & Co as director of communications for North America.
BCW has named Golin's Matt Coldagelli EVP and leader of its corporate affairs practice in Chicago.
Abby Bailey, who headed corporate communications for Fedex in its Middle East, India and Africa region, has joined Teneo as managing director in Dubai.
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