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General Motors expects more profitable 2014

Vehicles enter and exit the downtown on the freeway, in front of General Motors World Headquarters in downtown Detroit, Michigan July 20, 20
Vehicles enter and exit the downtown on the freeway, in front of General Motors World Headquarters in downtown Detroit, Michigan July 20, 20

DETROIT (WKZO) -- The profit outlook for General Motors will be somewhat improved in 2014 according to new GM President Dan Ammann.

Ammann spoke at the 2014 Global Auto Industry Conference Wednesday in Detroit.  He said the company expects the slight rise in profits despite increasing restructuring costs

Ammann also told the group that the company's market share will remain about the same with the possibility of a slight increase.  GM will introduce 15 completely new or updated models this year.

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