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General Motors reports higher earnings in first quarter
General Motors, the world’s largest manufacturer, posted 189 million dollars in net income for the first quarter, 2.13 dollars per share, up from 1.70 in 1953. Dollar sales hit 2.0 billion, just below last year, with defense demand down and civilian output near prior records. Canadian plants produced 50,945 cars. U.S. factories built 705,303.
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New York
General Motors Corp
Harlowe H. Curtice
Alfred P. Sloan Jr
U. S
GMI
United States