Getting your Trinity Audio player ready...
GM posts strong profits: General Motors Corp.’s first-quarter profit more than doubled as it boosted U.S. production from the strike-plagued year-ago quarter and racked up its best earnings in North America in more than a decade. GM said profit from continuing operations rose to $1.80 billion, or $2.30 a share, from $800 million, or 93 cents. The company was expected in an analysts’ survey to earn $2.09 a share. GM said car and truck earnings in North America rose to $764 million from a loss of $279 million.
