GM Back In Profit, But Seeks More Growth Through Financing

General Motors Company (GM) reported its first quarterly rise in profits since 2007 in Q110. However, as BMI expects a slowdown in the company's major markets and anticipates that gains from extra capacity will dwindle in subsequent quarters, the carmaker is playing down talk of a full-year profit. Similarly, while GM is largely expected to launch an IPO later this year, CFO Chris Liddell says this will be subject to both the markets and the company being 'ready'.

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