GM reports solid first quarter profit

GM announced on April 23 the financial results of the first quarter of 2015. Net revenue was USD 35.7 billion, 4.5% down compared to USD 37.4 billion in the first quarter of 2014.
EBIT (Earnings Before Interest and Tax) adjusted was USD 2.1 billion, 346.8% up y/y. Last year, GM included recall-related pre-tax costs ....

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