GM's second quarter net profit of 1.33 billion U.S. dollars

GM's second quarter net profit of 1.33 billion U.S. dollars

Good in the second quarter financial announcement, Uggs Boots said

the same time, GM will also announce a significant progress by Friday - the company has received 50 million revolving credit

facility, which is General Motors as a key step Zhongxin IPO by step. General Motors CEO Ed Whitacre (Hui taman) that GM will

sell shares of the company as soon as possible (through IPO), to repay the company the U.S. government as much as 43.3 billion

U.S. dollars of debt, but GM's IPO is still no specific timetable. General Motors, General Motors IPO,

Discount Ugg Boots Salesaid the second quarter the company has been

on the rise worldwide. Which in the North American market, the company's pre-tax profit of 1.6 billion dollars (1.2 billion a

quarter); in Europe, General Motors in the first quarter loss of 300 million U.S. dollars, but in the second quarter of this

loss has been narrowed to 200 million U.S. dollars. At the same time, the second quarter of 2010, GM's brands (including

"Chevrolet," "Cadillac", "Buick", etc.) sold 2.153 million vehicles, compared to the same period last year, an increase of

1.938 million 11%. Among them, General Motors growth in the Indian market is most alarming, in July total sales of cars in

India 7124, an increase of 45%. Meanwhile, Ugg Boots Cheap said: the

first half of this year, GM sales in China up 1.21 million total, surpassing the 1.08 million in U.S. sales. This is also 102

years since General Motors set up the overseas market sales for the first time more than the U.S. mainland, the Chinese market

and it has become GM's largest car market today. GM Vice Chairman and Chief Financial Officer Chris Liddell that the reason for

the second quarter, GM made such tremendous growth, thanks to the company introduced a competitive model, strict cost control,

Uggs Shoes and structural adjustment in . According to data provided

by General Motors, the first half of 2010, GM total sales revenue reached 64.7 billion U.S. dollars (in 2009 compared to 45.5

billion U.S. dollars); net loss in 2009 from 18.9 billion U.S. dollars, into 22 first half profit billion. While in the second

quarter and first half of this year has made great growth, but GM still need to make efforts in some places. For example, the

first half of this year,Cheap Ugg Boots Sale GM's U.S. market share

fell to 18.9%, while its market share over the same period in 2009 was as high as 20.5%. In addition, GM said that in the first

half of this year, the company in the United States has an additional 2,000 temporary jobs, the current United States already

has 5.3 million employees. But in the world, General Motors employees from the original total of 21.5 million, a drop to 20.8

million people, this is because in the first half of the sale of GM's Saab brand due.

This artics was written by songkoko 2010-8-13