What the article failed to mention.....
But GM warned that it expects fourth-quarter operating profit to come in well below the level of the first three quarters of the year because it is pulling back on production of trucks and making more small cars, which have narrower margins.
and........the gouging of the very folks who own GM.
GM's results indicate the company's North American unit earned an average of $3,005 on every vehicle it made in the third quarter, a reflection of its drive to boost truck output during the summer. GM also is commanding higher prices for cars and smaller sport-utility vehicles. By comparison, Ford Motor Co. earned $2,710 on each vehicle it produced in North America in the quarter, and Chrysler Group LLC earned $593 per vehicle.
http://online.wsj.com/article/SB1000...306436706.html