GM posts $1.33 billion profit, a sign of strength? General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it’s getting healthier as it prepares to sell stock to the public. It was the second straight quarterly profit for GM, which made $865 million in the first quarter. CEO Ed [...]
Filed under: Auto Industry, Auto Industry Bailout, Bailout, General Motors | Tagged: General Motors, GM IPO, GM Profit Sign Of Strength, UAW Jobs Continue Exodus To Red China | 1 Comment »