General Motors’ financial recovery has continued in a big way through the first quarter of 2011, reports the Detroit Free Press. The automaker made $3.2 billion in profit over the past three months, capping its fifth straight profitable quarter and exceeding the average analyst prediction of $1.6 billion. GM profits included $1.5 billion resulting from Read on! →

First-half profits for General Motors Co. reached $6.3 billion, reports Automotive News. However, according to CEO Dan Akerson, despite the best half the automotive has had in more than 20 years, in no small part due to the large increase in auto loans, it wasn’t good enough. GM cutbacks will soon follow. GM making a Read on! →