UAW STATEMENT ABOUT GENERAL MOTORS’ SECOND QUARTER EARNINGS SURGING 39% TO $3.2 BILLION
DETROIT – General Motors reported adjusted earnings of $3.2 billion in the second quarter, up 39% over last year and driven almost entirely by North American profits. The Wall Street Journal reported that GM’s quarterly revenue was $44.7 billion, 25% more than last year and “a post-bankruptcy record.” GM far exceeded analysts’ expectations and raised its