SAO PAULO – General Motors Co. has lost billions of dollars in the U.S. and Europe over the last three years, but it consistently has made a profit in Brazil, primarily on sales of locally made vehicles built on Adam Opel GmbH platforms. More recently, thanks to a bilateral agreement with Argentina, General Motors do Brasil Ltda. has begun importing GM vehicles from Mexico. However, its most notable North American import is the Chevrolet Malibu, which is reaching dealers here from the ...

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