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Higher prices not a gas Car giant General Motors’ quarterly profit has more than tripled beating expectations and spurred on by a recovery in the US market and improved sales across Asia.
GM expects it’s North American sales to improve on average for the rest of the year as better pricing and lower fixed costs offset higher commodity prices and sales of less-profitable vehicles.
More about: Asia, Car industry, General Motors, USACopyright © 2012 euronews
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