GM Strong in 3rd Quarter

By Peter Neumann

GM Strong in 3rd Quarter

October 30, 2013 Updated Oct 30, 2013 at 8:51 AM EDT

DETROIT, Mi. (My TV20 News at 10) --- GM's profits in the third quarter of 2013 were down 53% from a year ago.

GM's 3rd quarter profit of 45 cents per share still topped what Wall Street analysts had expected.

The automaker, releasing its profit info this morning, blames a soft market in Europe and one-time offsets while have strong performances in the U.S. and North America.

What are your thoughts CLICK HERE to leave us a "My2Cents” comment.

© Copyright 2014 A Granite Broadcasting Station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.