GM Rolls In The Dough With $2.77 Billion Third Quarter Earnings

General Motors Co. on Tuesday posted record third-quarter earnings of $2.77 billion that more than doubled from a year ago, , driven by its record North America performance and strongly beat analysts’ estimates.

The strong performance puts the company on pace for a record year, but its break-even target for Europe this year is in jeopardy, GM’s Chief Financial Officer Chuck Stevens said. Last year, GM had net income of $9.7 billion.