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A Big Loss for General Motors, but Good News Too

Posted By GMbeat on Articles - As expected, General Motors swung to a GAAP loss of about $3 billion in the third quarter, and its revenue fell sharply from a year ago, on a year-over-year drop in production and $5. 4 billion in one-time charges related to the sale of its German subsidiary Adam Opel AG to French automaker Peugeot SA.  Beyond those issues, GM's underlying performance was fairly strong.

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