GM Raises 2016 Profit Guidance as 2Q Earnings Beat EstimatesBy
Record North American income fueled by trucks, higher prices
European unit returns to profit, even as Brexit costs loom
General Motors Co. raised its 2016 guidance and posted record second-quarter earnings of $2.9 billion, beating analysts’ estimates by a wide margin as truck sales increased in North America and its European business managed a small profit.
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