General Motors Co.’s Australian subsidiary returns to profit for the first time in five years. GM Holden Ltd. Chairman and CEO Mike Devereux tells reporters the brand will post a profit this financial year, but the exact numbers won't be known until 2011. “We will be able to officially announce that Holden has returned not just a profit in 2010, but a very nice profit,” Melbourne’s The Star newspaper quotes him as saying. “'It's a pretty big deal to this company.” During the last five ...
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