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GM targets investment grade credit rating this year, CEO says


GM aims to achieve an investment grade credit rating this year and to have all five of its business units post profits or break-even by 2015, CEO Dan Akerson said. The executive said on Wednesday that he wants GM's margins to be among the industry's best by roughly 2015, when the company expects to break-even in Europe, where is sells cars ...
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Fiat and Chrysler Will Break Even in Europe by 2014
Sergio Marchionne declared on Wednesday, April 4th, that Fiat’s alliance with U.S. carmaker Chrysler should allow its European business to reach break even by 2014. The two companies, which begun a ...

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