US: Chevrolet Europe and Holden costs knock $1.1bn off GM 2013 profit

Stay connected Subscribe to our RSS feed

General Motors said 2013 calendar year net income fell US$1.1bn to $3.8bn due to special items booked in the final quarter such as a $0.7bn charge related to the planned exit of Chevrolet from Europe and a $0.5bn charge related to the scheduled end of manufacturing in Australia. European losses were reduced, however.