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Non-Tech : GM - General Motors

GM 70.75

+2.8%

Nov 7 9:30 AM EST

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To: porcupine --''''> who wrote (174)	1/19/1999 8:32:00 PM
From: porcupine --''''>	Read Replies (1) of 543

GENERAL MOTORS CORP expects its sales to grow this year and aims to boost its market share in the Asia-Pacific region to 10% by 2010, a German newspaper reported on Sunday. "1999 will...be a better year for GM," company chairman Jack Smith said in an interview with newspaper Welt am Sonntag, without specifying sales and earnings forecasts. GM aimed to increase its market share in the Asia-Pacific region from four percent to 10% by 2010, he told the newspaper. GM said last October it lost $809 mln in the 3Q after crippling strikes at two Michigan parts plants shut down operations for much of the summer, costing it $1.2 bln. (Reuters 07:50 AM ET 01/17/99)

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