January 15, 2013 / 9:30 PM / 5 years ago

UPDATE 1-GM forecasts 2013 profit to rise modestly

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DETROIT, Jan 15 (Reuters) - General Motors Co on Tuesday said it expects its profit to rise "modestly" this year with improved results expected in each region.

The No. 1 U.S. automaker credited new-vehicle introductions for its prediction on earnings before interest and tax on an adjusted basis.

"Our portfolio of new, world-class vehicles puts us on a strong footing to grow profitably," GM Chief Financial officer Dan Ammann said in a statement.

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