GM in bid for European profits

first_imgMonday 10 January 2011 7:20 pm GM in bid for European profits Show Comments ▼ Tags: NULL KCS-content Share General Motors hopes to achieve profitability in its European operations this year, addressing one of the problems that was not resolved by its 2009 restructuring in bankruptcy, the US automaker’s chief financial officer said yesterday. “We’re talking about achieving break-even this year, so that’s a tough ask, but … the internal plan is still to try to achieve profitability this year,” Chris Liddell said at the North American International Auto Show in Detroit. GM’s European Opel unit lost $1.3bn (£834m) in the first three quarters of 2010. whatsapp whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Prooflast_img