21
Oct
19:59
Car maker GM rakes in $1.4 billion profit in Q3
Major US automaker General Motors (GM) has held its third-quarter sales and profits essentially level from last year, despite almost $1.5 billion in charges related to product recalls.
GM posted a Q3 profit of $1.4 billion on sales of $38.8 billion, Kallanish learns from a company release. In Q3 2014, GM’s profit was $1.4 billion on sales of $39.3 billion.
The company’s earnings before interest and tax were $3.1 billion, a quarterly company record…
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Anonymous
Very good overview of the weekly steel market.
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