General Motors posted today a first-quarter net income of $865 million, a big improvement as the manufacturer is making progress to achieve first full-year profit since 2004. GM’s revenue rose from $22.43 billion in the pre-bankruptcy a year earlier, to $31.48 billion and an operating income of $1.2 billion.

“We’re pleased with our first quarter performance, in particular achieving profitability,” said Chris Liddell, vice chairman and chief financial officer

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GM posted first-quarter net income of $865 million

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