GM May Post Full-Year Profit in 2010
"Relative to where we were a couple of years ago, that's enormous progress," Liddell said.
GM is earning profits in Brazil and China, he added, holding steady in North America, and struggling in Europe. The company has not earned a full-year profit since 2004, when it made $2.7 billion. Since then, it has lost more than $88 billion.
The U. S. government has given GM $52 billion in aid. Liddell said he would like to see the company repay $6.7 billion of the loan before June.
GM's accountants are preparing to announce 2009 and first quarter earnings at the end of March.
Colorado Springs-Based Lee Spirits Company Joins Fight Against Coronavirus with Hand Sanitizer Production
ExxonMobil and Global Center for Medical Innovation to Produce Improved Face Masks for Health Care Workers
Spartanburg, South Carolina-Based Milliken & Company Manufacturing Personal Protective Fabrics for Healthcare Industry
34th Annual Corporate Survey & the 16th Annual Consultants Survey
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
In Focus: Mitigating Risk with Aggressive Support in Economic Development
Hot Jobs: Growing Industrial Sectors
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Redevelopment of Former Coal Plant Sites