How GM Europe Lost Money and What the Company is Doing About It

The big headline from the 2011 earnings statement released today by General Motors is the number: $7.6 billion in pure profit, the most the automaker has ever made. Debt consolidation and increased per-product profitability have once again lifted the General to its long-held position as the world’s largest automaker. And with new products planned to launch over the next year

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