GM sees significant improvement in operating results

Newswire

DETROIT, Jan 17 (Reuters) - General Motors Corp. said on Thursday it expects to significantly improve operating results, including earnings and cash flow, over the next two-to-three years. The U.S. automaker also said it is further reviewing its manufacturing capacity in United States and could take additional actions. GM said in a statement it expects structural costs as a percentage of revenue to be further reduced beyond 2010, with a target of 23 percent by 2012. GM also said it ...

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