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Oct 1, 2014 7:13 PM

GM looks to new vehicles, China to boost profit

Nashuatelegraph.com: Local News, State News, Business News, Sports News | Web Feeds

MILFORD, Mich. – General Motors CEO Mary Barra told investors Wednesday that GM plans a raft of new models and a big push to sell more cars in China to drive profits in coming years, as the biggest U.S. automaker tries to shift the spotlight from a mishandled recall of older small cars. Barra needed to reassure investors that GM has a strong plan going forward. The stock has dropped about 18 percent this year.


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