GMC Revitalized Thanks To GM
GMC will be revitalized thanks to funds from parent company GM. GMC sales are up 42 percent compared to this time last year! GMC dealers may witness a genuine “positive shift” thanks to an all around rebound for General Motors. GM has announced a $4.7 billion profit for 2010.
“Last year was one of foundation-building,” said Daniel F. Akerson GM’s Chief Executive. “Particularly pleasing was that we demonstrated G.M.’s ability to achieve sustainable profitability near the bottom of the U.S. industry cycle, with four consecutive profitable quarters.”
According to Detroit News, “The year has also started off well for GM as Michigan GMC dealers contributed to the 22.7 percent increase in sales from this January to the same time last year. General Motors reported selling 178,896 vehicles. By brand, Cadillac rose 49 percent for the month; Buick went up 32 percent; GMC jumped 30 percent and Chevrolet just up 19 percent.”
On a final positive note, 45,000 union workers at GM may receive profit-sharing checks averaging $4,300. This is the highest amount ever received by union workers.
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