Henderson: GM plans to keep Renaissance Center headquarter

During a press conference earlier this morning, General Motors CEO Fritz Henderson said that the company plans on keeping its Renaissance Center headquarters in Detroit despite the fact that its U.S. operations are in far worse shape than some of its overseas divisions.

There have been many rumors that GM will be moving away from its Detroit headquarters as a move to cut costs.

Henderson said that GM “doesn’t have any such plans” to move out of Detroit; although, he said that if there are “efficiency and cost advantages to moving, it would consider a move.”

“It’s not like we have that queued up on the top of our list,” Henderson said. “We’re proud to be here.”

– By: The Daily Auto Editor

Source: CNNMoney