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General Motors (GM -0.2%) top product development exec tells analysts at a briefing that the...

General Motors (GM -0.2%) top product development exec tells analysts at a briefing that the automaker is making progress in meeting its goal of significantly boosting its profit margins. One shining example of GM's cost-savings initiative is a move to go from 11 air bag systems across models to a single design. (Previous: GM margins in focus)
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