General Motors Co. provided earnings guidance for the year of 2014. for the year, the company forecasts modest global industry growth in 2014 driven by the United States, China and Europe.

Based on this outlook and the introduction of key vehicles globally, the company expects its total earnings before interest and tax (EBIT) adjusted to be modestly improved with improved underlying operating performance more than offsetting increased restructuring expense. Additionally, the company announced it expects EBIT-adjusted margins will be similar to last year.