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BRIEF-General Motors CEO says "cautiously optimistic" about 2013
January 9, 2013 / 2:20 PM / 5 years ago

BRIEF-General Motors CEO says "cautiously optimistic" about 2013

DETROIT, Jan 9 (Reuters) - General Motors Co CEO Dan AKerson to reporters: * CEO says “cautiously optimistic” about 2013 * CEO says sees global industry sales up 2 percent in 2013 * CEO says pleased with progress in Europe, not satisfied with results * CEO says hopes company will reachieve investment grade rating in 2013 * CEO says sees 15 million to 15.5 million sales in us light vehicle market in

2013 * CEO says sees continued deterioration in Europe, s America flat to slightly

up in 2013 * CEO says companywill continue to invest on the order of $8 billion a year * CEO says expects modest share increase in n America given the new products

the company has coming out * CEO says expects modest share increase in North America in 2013 given the new

products the company has coming out * CEO says by mid decade wants to see all five of company businesses profitable

or break-even, EBITDA margins among industry best, single a credit rating * CEO says GM has to be profitable in everything it does

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