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GENERAL MOTORS CORPORATION (GM)
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General Motors : GM Sees Launching New Vehicles in China, South America and Mexico

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01/11/2019 | 09:44am EST

By Michael Dabaie

General Motors (GM) said Friday it expects to start launching its new global family of vehicles in 2019 in China, followed by South America and Mexico.

The first crossover model will be the Chevrolet Tracker, the auto maker said. The vehicles are expected to capture growth in key global markets and represent one-in-10 GM vehicles sold globally by 2020, the company said.

In South America, GM said it lowered its breakeven point by 40% but is continuing to look for ways to improve business performance.

The auto giant said restructuring has placed GM Korea on a path to enterprise-level profitability.

Write to Michael Dabaie at michael.dabaie@wsj.com

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Financials ($)
Sales 2018 145 B
EBIT 2018 10 327 M
Net income 2018 8 284 M
Finance 2018 5 434 M
Yield 2018 4,06%
P/E ratio 2018 7,77
P/E ratio 2019 6,39
EV / Sales 2018 0,34x
EV / Sales 2019 0,34x
Capitalization 54 494 M
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Technical analysis trends GENERAL MOTORS CORPORATION
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 44,8 $
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Mark L. Reuss President
Dhivya Suryadevara Chief Financial Officer
Randall D. Mott Chief Information Officer & Senior Vice President
Patricia Fiorello Russo Independent Director
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