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Edward E. Whitacre, Jr., GM's Chairman and CEO

GM Results Show ‘Sustained Progress'

General Motors (GM) today announced its second quarter 2010 results, marked by revenue of $33.2 billion and net income attributable to common stockholders of $1.3 billion. GM’s second quarter earnings before interest and tax (EBIT) were $2.0 billion.
Ed Whitacre, GM’s CEO

GM: First quarterly profit since 2007

Significant cost-cutting was behind the strong performance, backed-up by superb sales of new models.   GM made $865 million in Q1, 2010, Manufacturing Digital can report. In the same period last year, it posted a $6 billion loss.   GM achieved revenue of $31.5 billion and operating income of $1.2 billion.  

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