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September 01, 2020 1:41pm
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General Motors Q4 Profit Falls, Automotive ETF Reacts

General Motors Co.’s profits dropped 8 percent during the fourth quarter as weaker sales in China hurt an otherwise strong sales showing in the United States. Despite this, GM shares were up 1.27 percent as of 11:30 a.m. ET. The automaker did report that pretax profit resulted in $2.8 billion, or...
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