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GM lifts 2016 outlook after banner year of US car sales

2016-01-13 18:34:33| Auto Dealers - Topix.net

General Motors raised its 2016 earnings outlook Wednesday as it follows up a banner year of US sales with major product launches and touted the benefits of hard-won efficiencies. The biggest US carmaker also hiked its dividend by six percent and lifted its share buyback program by $4 billion to $9 billion in a sign of confidence in its outlook.

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