GM losses have been reined in thanks to the introduction of new models in Europe
General Motors has revealed that its second-quarter $361m (£232m) European losses are less than originally projected.
GM CEO Dan Ammann said: "We're taking a lot of very decisive actions around Europe and we have been for a number of quarters now.
"We clearly have more work to do to offset the headwinds we face, especially in regions like Europe and South America'"
By comparison, Ammann said that GM North America was returning “solid” results, partly thanks to increased interest from China.
Ford, too, has been hit by the European sales slump, revealing that it expects to lose £644m in Europe this year.