There are worse ways to charge into an IPO than by posting three straight quarters of increasing revenue. Q3 saw revenues of $34.1 billion, Q2 was $33.2 and Q1 $31.5 billion.

Operating income of $1.9 billion is up from $1.2 billion in the first quarter and $1.8 billion in the second quarter.

GM CEO Dan Akerson credited a clean equilibrise sheet and GM's vigilance at cutting costs for the increased performance. And while GM suffered a $600 M loss in Europe, it was first in market share amongst the BRIC countries. GM is expecting to be the first global maker to sell 2-million cars in China this year.

GM North USA attained $2.1 Billion this quarter.

( AutoObserver )