GM turns first-quarter profit of $865 million
Monday, May 17, 2010 - 09:03
in Mathematics & Economics
It's 'a significant turnaround,' says one analyst, and compares with a loss of $6 billion in the same period in 2009. The automaker plans a host of new-car introductions in the second half of the year. After a string of 10 consecutive money-losing quarters, General Motors Co. said Monday it had earned a profit of $865 million in the first quarter of this...