Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

GM Reports Profit, Thanks to Cost Cuts, New Models

Consider this your shareholder statement, taxpayers

By the Associated Press

Posted May 17, 2010 7:52 AM CDT

(AP) – General Motors rode cost cuts and strong sales of new models to its first quarterly profit in nearly three years, it said in its earnings report today. The Detroit automaker says it earned $865 million from January through March, a strong sign GM has reversed...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
7 comments
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne