General Motors Announce Profit | Is the Market on the Up?

Post image of General Motors Announce Profit | Is the Market on the Up?

Well well well, now here is a turn up for the books. General Motors, the American giant that ended up bankrupt after the credit events of last year, as announced its first quarterly profit in over three years. It isn’t all as cheery as it looks – after all, they still owe lots, and the paying back of debts makes the profit look bigger than it is – but this could show an upturn in the still flagging car industry.

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Posted by admin   @   18 May 2010

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