DETROIT -- General Motors Co. posted a global profit of $2.5 billion for the second quarter, helped by strong results in North America and a profit at its Opel/Vauxhall unit in Europe.
GM's global net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009. Revenue grew 19 percent to $39.4 billion.
GM reported profits in all its operating regions, including Europe where it has been struggling to restructure its Opel unit. It was the first time all four regions were profitable since the company's IPO.
"GM's investments in fuel economy, design and quality are paying off around the world as our global market share growth and financial results bear out," GM CEO Dan Akerson said in a statement.
"Our progress has been steady and we're preparing to launch more new products this year, including the Chevrolet Sonic in North America, the Opel/Vauxhall Zafira in Europe and the Baojun 630 in China to keep the momentum going," he said.
Net income in North America rose 41 percent from the second quarter of 2010 to $2.2 billion.