General Motor Corp.'s Latin America, Africa and the Middle East (LAAM) division recorded a $212 million profit in the first half, nearly four times the net profit of $56 million it saw year-ago. LAAM recorded its 10th consecutive quarter of profits, earning $156 million in the second quarter vs. $25 million in like-2005. GM do Brasil Ltda. significantly contributed to LAAM's positive results. GM Brasil President Ray Young says his division saw a drop in export losses, increased sales in ...
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