GM quarterly profit misses estimates as Europe losses widen

Newswire

DETROIT, Feb 14 (Reuters) - General Motors Co on Thursday posted a weaker-than-expected fourth-quarter profit as its loss in Europe widened and the U.S. automaker was unable to hold vehicle prices in its core North American market. GM completed its second full year as a public company since its fall 2010 initial public offering, which followed the bankruptcy restructuring and $50 billion U.S.-taxpayer bailout of the prior year. Net income in the fourth quarter ...

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