Gas prices have hit a sweet spot for U.S.-based automakers. They've fallen enough to spur pickup truck sales, yet remain so high that newer small...
The Chinese auto market is growing at a blistering pace despite concerns about the withdrawal of government incentive programs and the supply chain disruption from the tragic Japanese tsunami. Trefis thinks GM will be one of the main beneficiaries of this growth.
The U.S. automaters's first-quarter net income totaled raced to $1.77 per share -- one of its best performances since the SUV boom in the early 2000s. It was GM's fifth straight quarterly profit since late 2009, the year it emerged from bankruptcy.
General Motors reported Wednesday that it earned $2 billion in the third quarter, marking its most profitable quarter yet since emerging from bankruptcy last year.