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EARNINGS - USA - GM Revises Earnings Outlook
DETROIT,MICH,USA -I-Newswire.com(press release) –20 March 2005: -- General Motors Corp. (NYSE: GM) said today that it is revising its first-quarter and calendar-year earnings guidance to reflect lower North American sales and production volumes, a tougher pricing environment, and a more car-based sales mix. At the same time, GM's other automotive regions and GMAC are all on track to meet or beat their 2005 net income targets... Fiat Settlement Charge Included in 2004 Results... GM will book an after-tax charge of $886 million, or $1.56 per fully diluted share, for the settlement agreement with Fiat S.p.A... http://i-newswire.com/pr11239.html
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