Tag Archives: profits drop on weakness

GM profits drop on weakness in Europe, South America

October 24, 2014   Guest Author

Earnings at GM fell 14.3 percent from the year-ago period to $1.47 billion as the company reported operating losses in both Europe and South America, but GM reported higher operating earnings in North America

By John Biers

General Motors Thursday reported lower third-quarter earnings on weakness in some international markets, but showed signs of emerging from a costly ignition-recall scandal.

Read More