General Motors reported third-quarter earnings on Thursday. The carmaker missed Wall Street estimates, earning 81 cents per share, lower than the expected 97 cents. But GM chalked up the miss to one-time expenditures. Overall, the business in North America continues to perform well, especially where big SUVs are concerned. China operations are also strong, and even a trouble spot — Latin America — posted what GM called break-even numbers for the quarter. Losses continue is Europe, but CEO Mary Barra said on a call with analysts after GM reported earnings that “operational improvements” continue there, even as GM’s business …read more
Source: Business Insider
