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General Motors Showing Quarterly Profit

Last updated on Monday, May 17, 2010

(UNDATED) - General Motors rides cost cuts and strong sales of new models to its first quarterly profit in nearly three years.

The automaker earned $865 million from January through March.

Ball State University Economics Professor Michael Hicks says it's important to remember a good quarter could be from shifting pension payments or costs to another quarter.

He says we need to see a few more quarterly results to establish a trend.

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