GM begins road to financial recovery

With a co-sign from President Obama himself, the American motor industry has to deliver some positive numbers. And we are glad to report that one of the biggest parts of the industry is reporting good news. GM – one of the world’s largest car manufacturers – is expecting to post its largest profit in six years this week.

The profit is down to stronger global sales from its newly gained car finance outfit and the higher prices on cars and trucks sold in America.
It is encouraging news, however it’s also relatively fortunate for one employee of the company, as GM’s Chief Executive, Edward E. Whitacre Jr. did forecast ‘impressive’ numbers a couple of weeks ago.

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