US: GM reports net income of US$1.73bn in Q3

GM has reported a seventh consecutive profitable quarter, with net earnings in the July-September 2011 period totalling US$1,726m. However this was a year-on-year decline of 11.9% versus Q3 2010's US$1,959m, and 31.6% below the Q2 2011 result of US$2,524m. Despite the weaker Q3 result, net earnings in the first nine months Subscribe to Automotive World … Continued

• By Webmaster
• November 9, 2011