It's finally looking like blue skies for people working in the motor city. Not long ago, General Motors was bankrupt and had to install a government bailout plan. After just three short years, GM has paid back their bailout in full on top of their interest rates. GM's investor press release goes into strong detail regarding capital gains in just about every category. What I found most intriguing was all the different links to related resources that further support General Motors strong comeback. Raising 11% in revenue since 2010, General Motors is back on top of the automotive industry with strong data to support their earnings. The press release, named "Earnings Release" works from the ground up highlighting increases on a quarter level, regional gains as well as worldwide revenue. Another great addition is towards the end they have a 2012 outlook, in the form of a temporary mission statement that explains their goal: Why more people should want to buy General Motors. After living in Michigan and growing up with a father retiring from his position at one of GM's headquarters, it was hard to see the landslide happen so quickly. However with a refreshing recovery, General Motor's earnings release reassures the public that they have their trucks in a line.
GM Earnings Release
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