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GM is back on track.

May 19, 2010




While GM was almost between four planks before being rescued by the U.S. state through a contribution of 50 billion dollars, the American manufacturer renews today with profits.

Reaching 31.48 billion U.S. dollars in the first three months of the year, the U.S. giant was finally able to deliver dividends to its most influential shareholders up to 203 million dollars while maintaining a net profit of 865 million dollars.

The Chief Financial Officer Chris Liddell keeps confident and optimistic about the future of the firm, especially as it expects a return on the stock market a few months to reduce the influence of American State (61%) in the capital of the company.

Although it is premature to think that the automotive group is out of trouble, it seems for the moment that the measures taken by General Motors bear fruit; For recall, GM had to close plants, to separate a part of its employees and sell Hummer, Saturn and Saab being no longer profitable.

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