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GM tops 2Q profit forecasts on trucks, SUVs

2015-07-23 14:58:57| Automakers - Topix.net

" Big profits from trucks and SUVs helped General Motors overcome a sales slowdown in China, economic problems in Venezuela and payments to ignition switch crash victims as the automaker's second-quarter net income rose sixfold to nearly $1.12 billion. The Detroit company made 67 cents per share from April through June compared with 11 cents a year ago.

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