General Motors has reported record earnings. The automaker earned $1.95 billion in the first quarter of the year, more than doubling the year before. GM also exceeded Wall Street’s expectations. On a per share basis, the company made $1.26, the best first quarter profit ever for the automaker–this is the number most investors watch closely. GM continued to do well in North America with strong truck and SUV sales. The company broke even in Europe compared with a $200 million loss a year ago.
