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GM posts flat fourth-quarter earnings

DETROIT, Jan 20 (Reuters) - General Motors Corp. reported flat quarterly earnings on Tuesday after a one-time gain from the sale of its Hughes Electronics Corp. unit offset losses from restructuring charges and slower car sales.

GM, the world's largest automaker, posted fourth quarter net earnings of $1 billion, or $2.13 per share versus a profit of $1 billion, or $1.71 per share, in the previous fourth quarter.