GM Posts $2.5 Billion Q2 2011 Profit
0
Sponsored Links
General Motors enjoyed its sixth consecutive profitable quarter, posting a net income of $2.5 billion, which is an 89 percent jump from what was seen over the same period in 2010. However, the sales of Delphi and Ally Financial had more than a little to do with the profit boost.
Total revenue also saw a huge gain, up from $6.2 to $39.4 billion in the same time period, with EBIT adjust up to $3 billion from $2 billion last year.
Globally, the company posted gains in North America, South America, Europe and its International Ops — which includes India and China. For the full shtick, open the presser.
- Sweepstakes Of The Month: Win a Corvette Z06 and 2024 Silverado. Details here.
Sponsored Links
