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More on General Motor's (GM) Q1: The automakers sold 2.36M vehicles during Q1, up 3.6% from a...

More on General Motor's (GM) Q1: The automakers sold 2.36M vehicles during Q1, up 3.6% from a year ago. Sales in North America rose 8% to 761,616 vehicles to help offset a 6% drop in Europe to 372,634 units. The quarter included a $162M (noncash) charge for the devaluation of the Venezuelan currency. The tantalizing prospect that GM could see break-even in Europe by mid-decade as sales in China and the U.S. continue to rev up is enticing investors, GM +4.5% premarket. (PR)
Comments (1)
  • Yep. The US should have let GM fail. Not. Another fine example of Ultra Conservatives not knowing their buts from a hole in the ground.
    2 May 2013, 08:48 AM Reply Like
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