Ex-GM CEO Akerson cautions Apple on trials of making cars

Akerson: “If I were an Apple shareholder, I wouldn't be very happy. I would be highly suspect of the long-term prospect of getting into a low-margin, heavy-manufacturing” business.

By:

Tim Higgins

February 18, 2015 05:00 AM

SAN FRANCISCO (Bloomberg) -- Dan Akerson, retired CEO of General Motors, said Apple Inc. should steer clear of the business of making cars, though a push into automobile electronics would be a better move for the iPhone maker.

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