Posts Tagged ‘ General Motors ’

General Motors returns to profit two years after bankruptcy

Feb 24th, 2011 | By | Category: News

• Carmaker reports $4.7bn profit as vehicle sales rise • GM close to regaining title of world’s largest carmaker General Motors, the vehicle group driven into bankruptcy two years ago , has bounced back into the black, earning $4.7bn (£2.9bn) in 2010 – its first profit since 2004 and the most it has made in a decade.