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GM predicts pretax earnings, profit margin rise in 2015

2015-01-14 17:16:48| Automakers - Topix.net

General Motors says it expects pretax earnings and profit margins to increase this year over last, after adjusting last year for recall costs. At a Deutsche Bank automotive conference in Detroit on Wednesday, GM also reiterated 2016 financial targets of 10 percent pretax profit margins in North America and a return to profitability in Europe, where it last made a full-year profit in 1999.

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