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This is not the only executive change as G.M. tries to regain its footing. The company replaced its European CEO earlier this month amid a difficult effort to turn around its money-losing Opel and Vauxhall businesses there. G.M. is still 26 percent owned by the by the U.S. government, which received stock in exchange for a controversial $49.5 billion bailout that got the company through bankruptcy protection. The company is far leaner and free of massive debt now, but is still in recovery mode. The company reported a $1 billion net profit in the first quarter and is expected to report a profit again in its second-quarter financial results this week.
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