{"id":575886,"date":"2010-05-23T01:49:38","date_gmt":"2010-05-23T05:49:38","guid":{"rendered":"http:\/\/autoshow.autotrader.ca\/?p=14643"},"modified":"2010-05-23T01:49:38","modified_gmt":"2010-05-23T05:49:38","slug":"general-motors-earns-865m-q1-net-profit","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/575886","title":{"rendered":"General Motors Earns $865M Q1 Net Profit"},"content":{"rendered":"<p><strong>First GM Profit in Three Years<\/strong><br \/>\n<em><span style=\"color:#888888;\"> Canadian Auto Press<\/span><\/em><\/p>\n<p>Profit? At GM? Either the end is near or we\u2019re at an all-new beginning, but the General\u2019s shareholders won\u2019t be counting down the days to 12\/12\/2012 but rather hoping to count on a dividend check at the end of the year.<\/p>\n<div id=\"attachment_14644\" class=\"wp-caption aligncenter\" style=\"width: 623px\"><a href=\"http:\/\/autotraderca.files.wordpress.com\/2010\/05\/gmc-yukon_denali_2007.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14644\" title=\"GMC Yukon Denali\" src=\"http:\/\/autotraderca.files.wordpress.com\/2010\/05\/gmc-yukon_denali_2007.jpg?w=613&#038;h=345\" alt=\"GMC Yukon Denali\" width=\"613\" height=\"345\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">GMC Yukon Denali<\/p>\n<\/div>\n<p>Ok, likely you the taxpayer won\u2019t be getting an Alberta-style financial kickback in the form of a dividend anytime soon, but good news like this can help to boost the spirits of an economy that\u2019s still fighting its way back from a near death experience.<\/p>\n<p>The Detroit-based automaker posted a $1.2 billion domestic profit for the first quarter of 2010, due to less debt and the sale of Saab to Spyker. Compared to the $3.4 billion loss the automaker experienced in Q4 of \u201909 its time to celebrate, and GM\u2019s net Q1 2010 income of $865 million should be enough for quite a party.<\/p>\n<p>The global scenario is improving too, with an identical $1.2 billion profit overseas. That\u2019s a 500 million increase over Q4 of 2009, all good signs before the biggest of the Big 3 goes back on the board with a fresh new IPO later this year or early next.<\/p>\n<p>  <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gocomments\/autotraderca.wordpress.com\/14643\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/comments\/autotraderca.wordpress.com\/14643\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godelicious\/autotraderca.wordpress.com\/14643\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/delicious\/autotraderca.wordpress.com\/14643\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gostumble\/autotraderca.wordpress.com\/14643\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/stumble\/autotraderca.wordpress.com\/14643\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godigg\/autotraderca.wordpress.com\/14643\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/digg\/autotraderca.wordpress.com\/14643\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/goreddit\/autotraderca.wordpress.com\/14643\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/reddit\/autotraderca.wordpress.com\/14643\/\" \/><\/a> <img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/stats.wordpress.com\/b.gif?host=autoshow.autotrader.ca&#038;blog=5746490&#038;post=14643&#038;subd=autotraderca&#038;ref=&#038;feed=1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>First GM Profit in Three Years Canadian Auto Press Profit? At GM? Either the end is near or we\u2019re at an all-new beginning, but the General\u2019s shareholders won\u2019t be counting down the days to 12\/12\/2012 but rather hoping to count on a dividend check at the end of the year. GMC Yukon Denali Ok, likely [&hellip;]<\/p>\n","protected":false},"author":6383,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-575886","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/575886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6383"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=575886"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/575886\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=575886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=575886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=575886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}