GM records its highest profit ever: $7.6 billion

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FILE - In this Aug. 30, 2011 file photo a 2011 Chevrolet Cruze is featured at a car dealership in San Jose, Calif. General Motors Co. said Thursday, Feb. 16, 2012, it made more money in 2011 than any year in its history. (AP Photo/Paul Sakuma)

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GM records its h... FILE - In this Aug. 30, 2011 file photo a 2011 Chevrolet Cruze is featured at a car dealership in San Jose, Calif. General Motors Co. said Thursday, Feb. 16, 2012, it made more money in 2011 than any year in its history. (AP Photo/Paul Sakuma)
Greek bailout te... Luxembourg's Finance Minister Jean Claude Juncker, left, talks to Greek Finance Minister Evangelos Venizelos, prior to the start of the Eurogroup ministerial meeting at the European Council building in Brussels, Thursday, Feb. 9, 2012. Germany's finance minister says a deal between Greek party leaders on new spending cuts appears to not yet fulfill all the conditions for a euro 130 billion ($173 billion) bailout. (AP Photo/Yves Logghe)
Empty buildings ... In this Friday, Feb. 10, 2012 photo a homeless men sleep inside a ATM machine in Barcelona, Spain. Spain's phenomenal real estate crash and economic implosion has turned what was supposed to become a vibrant suburban paradise for young Spanish couples and their children into one of the most visible monuments of the country's real estate boom gone bust. (AP Photo/Emilio Morenatti)
Markets jittery ... Currency traders work under a screen indicating the exchange rate, above, of the U.S. dollar against Japanese yen and the Nikkei 225 index, at a foreign exchange firm in Tokyo, Wednesday, Feb. 15, 2012. The dollar was at a three-month high against the Japanese yen after the Bank of Japan said it would increase its economic stimulus program as Asian stock markets surged Wednesday after Greece indicated a willingness to commit to spending cuts to secure its bailout. (AP Photo/Shizuo Kambayashi)
Reports: More Ch... FILE - In this Jan. 26, 2011 file photo, a man stands near an advertisement for an Apple iPad in Shanghai, China. News reports say more Chinese cities have seized iPads from retailers due to a dispute between Apple Inc. and a local company over ownership of the tablet computer's name. (AP Photo/Eugene Hoshiko, File)
Top bargainers a... The U.S. Capitol is seen, Wednesday, Feb. 15, 2012, in Washington. Calling quits to a bruising election-year fight, negotiators on Capitol Hill worked into Wednesday night, ironing out final details of an agreement to extend a cut in the payroll taxes paid by most Americans. The legislation also would renew jobless benefits for millions more. (AP Photo/Haraz N. Ghanbari)
Nestle sales bea... Nestle CEO Paul Bulcke speaks during the 2011 full-year results press conference of the food and drinks giant Nestle in Vevey, Switzerland, Thursday, Feb. 16, 2012. The Switzerland-based company reported that its 2011 net profit swelled by 8.1 percent to 9.5 billion Swiss francs (US dollar 10.35 billion) if the disposal of eye care company Alcon is stripped out of the comparison. The sale last year had boosted Nestle's 2010 profit to 34.2 billion Swiss francs (US dollar 35.8 billion). (AP Photo/Keystone, Laurent Gillieron)
Stock index futu... Traders work on the floor of the New York Stock Exchange
Retail sales ris... Shoppers leave and enter a store in New York
GM reports weake... A General Motors logo is seen on a vehicle for sale at the GM dealership in Carlsbad
Greeks seek elus... A pedestrian walks by a Eurobank advertisement featuring a one euro coin in Athens
SocGen profits h... General view of a the logo outside a branch of French bank Societe Generale in Paris