General Motors Reports That Revenue Has Risen To $34.1 Billion For The Quarter

Posted Nov 10, 2010

General Motors has reported a solid $2 billion in third quarter earnings. As the born-again Detroit automotive company is preparing for their IPO next week, they are also cutting costs and reporting higher sales. This is most likely going to be company’s first full-year of profit since 2004. The company has also reported that their revenue grew 28% to $34.1 billion in the quarter. [Detroit Free Press]