US: GM returns to profit in Q1 2010

General Motors has outlined details of its financial performance in the first three months of 2010, showing revenue of US$31.48bn and a positive adjusted EBIT margin of 5.4%. Positive EBIT before adjustments was reported in the OEM's North American (GMNA) and International Operations (GMIO), although GM Europe (GME) remained loss Subscribe to Automotive World to … Continued

• By Webmaster
• May 17, 2010