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GM’s Quarter Is Twice as Nice

Carmaker more than doubles estimates, beats Toyota in sales for quarter

By Jonas Oransky, Newser Staff

Posted Jul 31, 2007 10:02 AM CDT

(Newser) – General Motors scored a breakout second quarter, more than doubling earnings estimates and turning a profit of $891 million, compared to a loss of $3.4 billion a year ago, Bloomberg reports. GM made money in three out of four regions globally, and nearly broke... Read full story »

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GM’s Quarter Is Twice as Nice

Carmaker more than doubles estimates, beats Toyota in sales for quarter

Toyota • General Motors • business • money • Ford • auto industry

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More Newser Stories

Car Sales Jumped 14% Last Month

Chrysler, VW saw huge gains

US Vehicles Edge Out Imports in Quality

Ford highest-ranked carmaker overall, Toyota falls

GM CEO Henderson Resigns

Move comes as sales figures show industry stabilizing

US Automakers See Sales Increase in May

Ford, GM have best month of 2009

'Car Bubble' Blows Up on Automakers

Sales were artificially high in boom years; rebound unlikely

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