GM posts weaker fourth-quarter earnings

Newswire

DETROIT, Jan 19 (Reuters) - General Motors Corp. on Wednesday posted weaker fourth-quarter earnings due to growing U.S. health care costs and bigger losses from its European automotive operations. GM, the world's largest automaker, said its net earnings including one-time items fell to $630 million, or $1.11 per share, down from $1.0 billion, or $2.13 per share, in the fourth quarter of 2003.

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