News » Local

GM Makes A Profit

By Scott Sarvay

GM Makes A Profit

June 18, 2010 Updated May 17, 2010 at 2:09 PM EDT

DETROIT (Indiana's NewsCenter) - General Motors is turning a profit for the first time since 2007.

The American carmaker earned $865 million in the first quarter of this year.

It comes after a tumultuous time for GM, which emerged from bankruptcy last summer and then still posted two quarters of losses.

But sales are up and costs are down after the automaker closed factories and cut jobs.




What are your thoughts CLICK HERE to leave us a "Your2Cents” comment.

Want to be in the know for the next weather event, the next school closing or the next big breaking news story?

TextCaster alerts from Indiana's NewsCenter are your defining source for instant information delivered right to your cell phone and email. It's free, easy and instant. Sign-Up Now!
Powered by Summit City Chevrolet



© Copyright 2013 A Granite Broadcasting Station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

To submit a comment on this article, your email address is required. We respect your privacy and your email will not be visible to others nor will it be added to any email lists.