GM Net Income Increases 89 percent to $2.5 Billion

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Aug 04, 2011, 07:32 ET

DETROIT, Aug. 4, 2011 /PRNewswire/ -- General Motors Co. (NYSE: GM) today announced second quarter net income attributable to common stockholders of $2.5 billion, or $1.54 per fully diluted share. In the second quarter of 2010, GM's net income attributable to common stockholders was $1.3 billion, or 85 cents per fully diluted share.

A press release and financial highlights are available on the company's Investor Relations website in the Earnings Releases section, as well as on GM's media website.

GM will host a conference call at 10:15 a.m. EDT to review the company's results, followed by a question-and-answer session for financial analysts. Dial-in information, a live webcast of the conference call, presentation slides and replay information will be accessible in the Announcements and Events section of GM Investor Relations website.

About General Motors – General Motors, one of the world's largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 208,000 people in every major region of the world and does business in more than 120 countries. GM and its strategic partners produce cars and trucks in 30 countries, and sell and service these vehicles through the following brands: Baojun, Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Isuzu, Jiefang, Opel, Vauxhall, and Wuling. GM's largest national market is China, followed by the United States, Brazil, the United Kingdom, Germany, Canada, and Italy. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on the new General Motors can be found at www.gm.com.