GM rebounds with US economic recovery...

GM rebounds with US economic recovery, rides cost cuts and new mode...

There are 1 comment on the Fox6 story from May 17, 2010, titled GM rebounds with US economic recovery, rides cost cuts and new mode.... In it, Fox6 reports that:

General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years, drawing the company closer to a stock offering that would repay at least part of its government aid.

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Watertown, WI

#1 May 17, 2010
A good part of the boom in business is because of all of Toyota recalls that have taken place in the last few months. Once Toyota fixes their problems, they should be able to rebound financially, and GM profits will go down again.

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