US: GM estimates Q3 EBIT of US$2.2bn-2.4bn

Ahead of the full release of its Q3 2010 results on 10 November, General Motors has outlined preliminary details of those results. Revenue in the three months to 30 September 2010 is estimated at approximately US$34bn, with earnings before interest and taxes (EBIT) of US$2.2bn-2.4bn (margin of 6.5% to 7.1%) and Subscribe to Automotive World … Continued

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• November 4, 2010