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General Motors in the first quarter of this year marked the deficits of the North American market recovery





Kenilworth (Lo-Ying interns zhangmeng) last week, General Motors announces first quarter results, announced the implementation of operating revenues, operating income of $ 315 billion. This is a general purpose since 2007 for the first time since the second quarter for quarterly earnings.

Common first quarter adjusted profit before interest and taxes, the data 17 billion has been excluding Saab sold brand brings benefits. This is common in the 2007 second quarter profit of $ 8.91 first profits. The company on a year-on-year loss of 60 billion dollars.

Of these, common in the important North American market recovered most distinctly, first quarter profit before interest and taxes, and 12 million in the fourth quarter of 2009 is the North American company billion loss; European company losses before interest and taxes, US $ 500 million, compared to the fourth quarter of 2009 the profit before interest and taxes increased by 3 million; and international operations, the profit before interest and taxes, compared to 12 billion in the fourth quarter of 2009 increased by $ 500 million.

GM Vice Chairman and Chief Financial Officer Chris Liddell said that restore profitability thanks to bankruptcy reorganization period of debt as well as cost reduction, increased yields in North American markets, also special mention "from the fast-growing Asian and South American markets receive additional income", and that future Chinese market will play an important role.

(The Beijing News)