General Motors Corp. posts a second-quarter profit of $891 million to rebound from a deep year-ago loss, while weak results in North America continue to weigh on the auto maker’s financial performance. GM last year lost $3.38 billion, or $5.98 per share, in the second quarter due mostly to buyouts of hourly employees. This year, GM swung to a profit of $1.56 per share, as it took advantage of demand in global markets other than the U.S. and Canada. “Market-share gains outside the U.S. ...
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