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GM Reports Quarterly Profit, Raises Forecast

General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.

Kiekert Appoints New CEO

The Kiekert AG Supervisory Board voted to appoint Jérôme Debreu as chief executive officer and chief financial officer.