Tuesday, October 25, 2016

GM Q3 Profit Doubles, Results Beat Estimates

Automaker General Motors reported a profit for the third quarter that doubled from last year, helped by strong truck sales in North America and continued strength in China. In addition, the prior-year quarter's results were negatively impacted by charges related to the company's ignition switch recall. Both revenue and adjusted earnings per share for the quarter beat analysts' estimates.

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