Home Truck, SUV profits push GM 1Q profit 8 times above year ago
 

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Truck, SUV profits push GM 1Q profit 8 times above year ago

2015-04-23 15:36:17| Automakers - Topix.net

First-quarter profit at General Motors rose nearly eight times above a year ago as U.S. consumers spent big on pickups and SUVs and the company didn't have to set aside a huge stack of money to pay for recalls. The Detroit automaker said it made $945 million, as consumers got used to lower gasoline prices and decided to buy bigger vehicles.

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