GM (GMGMQ.PK) made $865M in Q1 as sales and savings won through bankruptcy helped drive the...

|By:, SA News Editor

GM (GMGMQ.PK) made $865M in Q1 as sales and savings won through bankruptcy helped drive the automaker to its first quarterly profit since 2007, but its CFO says the next few quarters may not be as strong. Also, GM has yet to realize savings from an agreement with its union that cuts pay in half for new U.S. hires.