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AUTO EARNINGS
9:17 am
Wed November 10, 2010
GM posts 3rd quarter profit
By Zoe Clark
General Motors announced this morning that it made $2 billion in the third quarter. The Associated Press reports:
The profit was fueled by GM's international operations and strong revenue from newly introduced car and crossover models in North America.
The automaker's actual revenue rose 36% to a little more than $34 billion. This was the third-straight quarter in which GM was profitable.
Chrysler released it's 3rd quarter figures on Monday and Ford released it's earnings late last month.
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