THE WEEK THAT WAS: All eyes on GM
Author: Graeme Roberts | 17 February 2012
All eyes this side of the Atlantic were on GM this week as it announced its 2011 results, looking to see if the prediction of a US$1bn loss in Europe turned out right. Er, no, just an EBIT-adjusted loss of US$0.7bn, "an improvement of $1.3bn over 2010" and rather offset by the record $7.6bn greenbacks netted elsewhere.
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