UPDATE 3-GM trumpets its turnaround to investors

Newswire

* Financial update comes as GM readies for IPO this year * GM to launch 70 new products in emerging markets by 2014 * GM sees China market share gains, break-even in Europe * GM needs to add cash to pension plans: CFO (Adds CFO remarks on pensions, industry recovery, byline) By Soyoung Kim and Bernie Woodall DETROIT, June 29 (Reuters) - General Motors [GM.UL] has revamped the way it operates, with sharply lower costs, stronger brands and gains in key emerging markets like China, ...

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