General Motors announces $2bn profit

General Motors has posted a $2bn profit for its July to September quarter - the third in a row its numbers have come in in the black.

Earnings were lifted by strong sales across the globe - with only its European division bucking the trend with a loss. Its news comes a week before the firm relists its shares on the New York and Toronto exchanges - a move which will shrink the US government's stake to a minority share.

Alessandro Pasetti, a columnist for Dow Jones Investment Banker told the BBC he expects the shares to be popular.

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