03-02-2016 15:40 via news.yahoo.com

GM posts record profit in 2015, driven by North American sales

By Bernie Woodall and Joseph White DETROIT (Reuters) - General Motors Co rode sales of SUVs and pickup trucks in North America to a record profit in 2015, and reaffirmed its forecast to do better this year despite signs that vehicle sales are hitting a peak. Wall Street expected $1.21 per share, according to analysts polled by Thomson Reuters I/B/E/S. Revenues were flat at $39.6 billion, it said on Wednesday. GM affirmed an earlier forecast that it will increase earnings per share, excluding one
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