With General Motors Back in Black, CEO Steps Down

388 views · Published 13 August 2010 · 11:43 · Indexed 20 October 2026

Channel: PBS NewsHour · 2010 · News & Politics

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Read the Transcript:  http://to.pbs.org/dyDDaP

General Motors went bankrupt a year ago and has completely come out of the red with a profit for the second straight quarter. The company made more than $1.3 billion from April through June and Thursday the company's CEO, Ed Whitacare, announced he will be stepping down on Sept. 01. Jim Lehrer talks to David Shepardson from Detroit News and George Magliano of IHS Automotive about the company's turnaround.

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