GM’s profit more than doubles

It has been announced that the General Motors Company has a certain sales decrease outside the US. The level of sales in South America has dropped significantly. Europe’s hopes to reach break even this year are threatened by the aftershocks of the U.K.’s Brexit vote. Despite this, the level of domestic sales is not low.


North American operations’ pretax profit jumped 31 percent in the second quarter to $3.65 billion from the year-earlier period, despite a drop of 5.7 percent in overall North American unit sales. North America-heavy General Motors Financial joined the party, topping all overseas operations with a pretax profit of $266 million, up 18 percent.

Find more here: GM’s profit more than doubles


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