CEO Rick Wagoner commented that the "heavy commitment to key growth markets around the world really paid off in strong growth and earnings," reports the Associated Press.
Despite the good news, GM still made a loss of $39 million back home in the States but a large part of this was associated with the $520 million in charges surrounding the restructuring of Delphi Corp. Excluding these special items, GM claims its profit would have been a staggering $1.4 billion.