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GM promises higher profits, dividends

2014-10-02 00:27:19| Auto Dealers - Topix.net

General Motors announced aggressive profit and sales targets in a meeting with investors Wednesday, and pledged to return more money to shareholders through increasing dividends. CEO Mary Barra said GM now expects company-wide profit margins to hit between 9% and 10% early in the next decade -- nearly double its 2013 profit margin.

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