General Motors Co posted a quarterly net loss on Tuesday due to charges stemming from the sale of its Opel unit in Europe to France's Peugeot SA, but excluding charges its results handily beat analyst expectations and the company reaffirmed its full-year earnings outlook. The results sent the company's shares up more than 2 percent in pre-market trading. The No. 1 US automaker posted lower revenue for the quarter as it shuttered plants North America to reduce production and tackle bloated inventory levels, especially of unpopular sedan models as consumers move ...
General Motors reports $3 bn loss in Q3 due to Opel sale charge
The results sent the company's shares up more than 2 percent in pre-market trading