GM posts strong profit on U.S. demand, smaller loss in Europe

Newswire

DETROIT, Oct 30 (Reuters) - General Motors Co on Wednesday posted a better-than-expected quarterly profit on strong results in its core North American market and a smaller-than-anticipated loss in Europe. Net income attributable to common shareholders fell to $757 million, or 45 cents a share in the third quarter, compared with $1.48 billion, or 89 cents a share, in the year-earlier quarter. Excluding one-time items related to the repurchase of preferred stock ...

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