General Motors optimistic for year ahead as profits surge

24th July, 2016
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Mary Barra, chief executive, General Motors

Car giant General Motors has announced a jump of 157 per cent in its net income from $1.1 billion in the second quarter of 2015 to $2.9 billion for the second quarter of this year.

“This was an outstanding quarter for GM. Our results were generated by strong retail sales in the US, record sales in China and a continued emphasis on improving the performance of our operations worldwide.”

Mary Barra, chairperson and chief executive, General Motors...

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