General Motors Co. stands a good chance of regaining profitability this year, despite still-sluggish new-vehicle sales, deeper discounting at its principle rival and a loss of $4.3 billion in 2009, Vice Chairman and Chief Financial Officer Chris Liddell says. “In my view, we don’t need the industry to be significantly better in order to achieve the potential for profitability,” he tells journalists and Wall Street analysts during a conference call today to discuss the restructured auto ...

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