US: General Motors books $700m loss in Europe for 2011
General Motors' full-year EBIT-adjusted loss in Europe was US$0.7bn, "an improvement of $1.3bn over 2010", after an EBIT-adjusted loss of $0.6bn in the fourth quarter, including $0.2bn of restructuring costs, matching last year's results, the automaker announced on Thursday (16 February).
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