General Motors Sees Sustained Profits Through 2018

NEW YORK (AP) — General Motors expects strong sales in North America and China to sustain its profit through 2018.
The automaker on Tuesday reaffirmed its 2017 expectations for profit between $6 and $6.50 per share and said it expects similar results in 2018. The company also cited cost cutting and growth in other units, including GM Financial, as factors in maintaining profit.
In 2017, GM sold its Opel/Vauxhall and GM Financial European units and cut business in parts of Africa and India.