{"id":731492,"date":"2010-05-23T01:49:38","date_gmt":"2010-05-23T05:49:38","guid":{"rendered":"http:\/\/autoshow.autotrader.ca\/?p=14643"},"modified":"2010-05-23T01:49:38","modified_gmt":"2010-05-23T05:49:38","slug":"general-motors-earns-865m-q1-net-profit","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/731492","title":{"rendered":"General Motors Earns $865M Q1 Net Profit"},"content":{"rendered":"

First GM Profit in Three Years<\/strong>
\n Canadian Auto Press<\/span><\/em><\/p>\n

Profit? At GM? Either the end is near or we\u2019re at an all-new beginning, but the General\u2019s shareholders won\u2019t be counting down the days to 12\/12\/2012 but rather hoping to count on a dividend check at the end of the year.<\/p>\n

\"GMC<\/a><\/p>\n

GMC Yukon Denali<\/p>\n<\/div>\n

Ok, likely you the taxpayer won\u2019t be getting an Alberta-style financial kickback in the form of a dividend anytime soon, but good news like this can help to boost the spirits of an economy that\u2019s still fighting its way back from a near death experience.<\/p>\n

The Detroit-based automaker posted a $1.2 billion domestic profit for the first quarter of 2010, due to less debt and the sale of Saab to Spyker. Compared to the $3.4 billion loss the automaker experienced in Q4 of \u201909 its time to celebrate, and GM\u2019s net Q1 2010 income of $865 million should be enough for quite a party.<\/p>\n

The global scenario is improving too, with an identical $1.2 billion profit overseas. That\u2019s a 500 million increase over Q4 of 2009, all good signs before the biggest of the Big 3 goes back on the board with a fresh new IPO later this year or early next.<\/p>\n

\"\"<\/a> \"\"<\/a> \"\"<\/a> \"\"<\/a> \"\"<\/a> \"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

First GM Profit in Three Years Canadian Auto Press Profit? At GM? Either the end is near or we\u2019re at an all-new beginning, but the General\u2019s shareholders won\u2019t be counting down the days to 12\/12\/2012 but rather hoping to count on a dividend check at the end of the year. GMC Yukon Denali Ok, likely […]<\/p>\n","protected":false},"author":4200,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-731492","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-34ig","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/731492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/4200"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=731492"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/731492\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=731492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=731492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=731492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}