Damage to GM’s Oklahoma City plant is costing $75 million. DETROIT – Extensive damage done by a May tornado to its Oklahoma City assembly plant will cost General Motors Corp. $0.25 to $0.35 per share due to lost production and insurance deductible payments, the auto maker’s chief financial officer says. However, GM still easily will beat its second-quarter earnings per share of at least $1.00, Chief Financial Officer John Devine tells analysts during a presentation at the auto ...
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