GM profit bolstered by pricing, stock up

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GM earned a record profit in 2011, just two years after a federal bailout and bankruptcy reorganization.

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GM will pay profit-sharing bonuses to staff

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GM records its highest profit ever: $7.6 billion

ap.org | 2:36 pm Feb 16, 2012

General Motors earned its largest profit ever in 2011, two years after it nearly collapsed into financial ruin. Strong sales in the U.S. and China helped the 103-year-old carmaker turn a profit of $7.6 billion, beating its old record of $6.7 billion in…
GM posts record profit 2 years after bankruptcy

cnn.com | 3:37 pm Feb 16, 2012

CNNMoneyNEW YORK (CNNMoney) -- General Motors reported a record annual profit Thursday, just two years after the nation's largest automaker emerged from bankruptcy with the help of a federal bailout. With rivals Ford Motor (, Fortune 500) and Chrysler…
General Motors unveils record profits for 2011

bbc.co.uk | 2:36 pm Feb 16, 2012

The firm made a profit of $7.6bn (£4.85bn) over the year, up 62% from 2010. However, it lost $700m in Europe, which includes its UK Vauxhall plants in Ellesmere Port and Luton, and made a $100m loss in South America. The firm, which faced bankruptcy two…