Thursday, May 3, 2007

GM profit falls 90 percent

Yahoo! - GM reports 1Q profit of $62M (AP)

Unsold 2007 Sierra pickup trucks sit in a long row at a GMC Truck dealership in the south Denver suburb of Littleton, Colo., in this April 22, 2007 file photo.  General Motors Corp. reported Thursday, May 3, 2007 its first-quarter profit fell 90 percent compared with a year ago, citing losses in the home lending operations of its former financial arm. (AP Photo/David Zalubowski, file)AP - General Motors Corp.'s first-quarter profit fell 90 percent compared with a year ago, citing losses in the home lending operations of its former financial arm.


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