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GM reaffirms earnings outlook for 2nd quarter 2004

DETROIT, June 14 (Reuters) - General Motors Corp. on Monday reaffirmed its earnings target for the second quarter and all of 2004 and added that the outlook for the global automotive industry remains strong.

"GM is on-track to meet its 2004 targets of $2.00 to $2.25 earnings per share in the second quarter this year and $7.00 per share for the calendar year, excluding special items," GM Vice Chairman and Chief Financial officer John Devine said in a statement.