Second-quarter earnings beat market expectations, general motors solid earnings offset the profit decline in North America in some international markets in Europe and more losses. Gm's second-quarter net income fell 16%. It won a $1.26 billion, from April to June, or 75 cents a share. By comparison, of $150 million, or 90 cents a share, a year ago. But excluding one-time items, mainly in South Korea buying preferred stock cost, gm's proposed 84 cents a share. Accept FactSet research analysts' average expectations of 75 cents. In pre-market trading, gm shares rose 2.3%, to $38. Gm's north American truck sales rebound, make a lot of money. This helps deal with pre-tax profit decline, international operation. Respectively, it said China's profits rose, but the competition forces car manufacturers general motors at a lower price in Australia and southeast Asian countries. Chief financial officer Dan Oman told reporters Thursday that the Japanese car makers are using weak yen to cut prices in other parts of Asia. The yen fell against other currencies, making Japan cheaper manufacturing, sales of goods in other countries, including the United States "We didn't see, in the short term," said Oman, the company has new product, and are taking other didn't say action to promote international profits. GM $1.98 billion in north American small businesses in this quarter in the United States to buy more of the pickup. This is $85 more than one thousand years ago. The company has also narrowed its losses by $284 million to $11 billion in Europe. South America's profits rose by $54 million. Revenue grew 4%, more than $3.9 billion, beating Wall Street's estimate of $37.7 billion. Global sales rose 4% to 2.49 million vehicles.


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