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GM Fourth Quarter Earnings Better Than Expected

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According to Business Insider, General Motors posted fourth-quarter 2018 earnings that outpaced many analyst's expectations. GM boasted strong results in the US pickup-truck and crossover market during the final quarter for the year. The automaker reported a net income of $2.1 billion, or $1.40 per share, versus a loss of $5.2 billion or $3.65 per share from a year earlier. Popular pickup trucks and crossovers, paired with cost-saving measures, helped offset lower overall sales.

Added on the 06/02/2019 10:17:22 - Copyright : Wochit

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