G.M., Missing Forecasts, Is Hurt by Loss on U.S. Autos
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General Motors reported third-quarter earnings that were well below Wall Street's expectations, including a loss in its North American automotive business.
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General Motors Corp. GM.N on  Wednesday said its earnings fell 37 percent due to growing U.S.  health-care costs and bigger losses from its European  automotive operations.
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General Motors Corp. and Ford Motor Co. reported disappointing US sales Wednesday, prompting the nation&#39;s two largest automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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The top executive at General Motors Corp  said on Sunday that the woes of the U.S. economy were a concern to the automaker, but predicted that the second half of 2008 would be better than the first half.
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The General Motors Corporation said Thursday that high fuel prices and declining consumer confidence would be a drag on sales this year in the United States.
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DETROIT  - General Motors Corp. is forecast to post a healthy profit when it reports third-quarter earnings Thursday, but European business continues to falter and another severe overseas overhaul is likely.
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General Motors Corp. and Ford Motor Co. have reported disappointing US sales, prompting the two largest US automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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General Motors Corp.  said on  Thursday that U.S. sales fell in May, driven by a big slump in  car sales, which offset a slight increase in demand for its new  line of sport utility vehicles.
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Automakers including General Motors Corp. said US sales fell in August as gasoline prices near records hurt demand. General Motors and Ford Motor Co.
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The largest U.S. wind power company said it was hit by losses from trading in energy markets.
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Hurricane Charley's damaging path through Florida and the growing ineffectiveness of sales incentives caused U.S. car and trucks sales to slip in August, raising the likelihood of costly cuts in vehicle production, analysts said.
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U.S automakers face a widening gap in profitability per vehicle compared to their major Japanese rivals because of missed design opportunities, heavy discounting and high labor costs, a study released on Monday said.
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U.S. stock futures drifted lower on Thursday, pointing to a weak open on Wall Street, as automaker General Motors Corp.  posted earnings below Street estimates and a government report showed initial claims for U.S. jobless aid rose more than expected.
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Despite some progress, armor for vehicles and parts for repairs still fall short, leaders say. BY JOHN HENDREN AND MARK MAZZETTI. WASHINGTON - Prewar forecasts that failed to account for a lengthy and bloody
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TOKYO/DETROIT  - General Motors Corp.  on Tuesday posted a steeper-than-expected 24 percent drop in U.S. sales in June as local automakers lost share to Toyota Motor Corp.  and other Japanese brands, and demand sputtered overall in the face of high gas prices and a weak housing market.
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U.S automakers face a widening gap in  profitability per vehicle compared to their major Japanese  rivals because of missed design opportunities, heavy  discounting and high labor costs, a study released on Monday  said.
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General Motors , which has experienced two months of disappointing sales, reveals a new winter sales programme in the US.