GERMANY: GM Europe to lose up to $US200 million in '03, back in black in '04 - report
The head of General Motors ' European operations reaffirmed on Tuesday that the unit will lose up to $US200 million this year, but will turn a profit in 2004, Reuters reported. The news agency noted that GM in January set a target for Europe to post results ranging from break-even to a loss of about $200 million, compared with a loss of $549 million in 2002.
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