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BRIEF-GM says to achieve 10 percent oper margins in N.America in 2016
October 1, 2014 / 2:37 PM / 3 years ago

BRIEF-GM says to achieve 10 percent oper margins in N.America in 2016

Oct 1 (Reuters) - GM :

* General Motors Co says to achieve 10 percent operating margins in north america in 2016

* Says expects to achieve overall operating profit margins of 9 to 10 percent by early next decade

* Says to return to profits in europe in 2016

* Says core operations in south america continue to improve due to product launches and cost cuts

* Says intends to return excess cash flow to shareholders mostly through “strong and growing” dividends Further company coverage:

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