People of Northwest Public Radio
Thu February 16, 2012
General Motors Reports Record $7.6 B Profit In 2011
The automaker announced Thursday that it earned its largest profit ever in 2011 — $7.6 billion — citing strong sales in the U.S. and China. The company nearly collapsed two years ago and needed a bailout by the U.S. government, which still owns about 26 percent of the company.