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FILE - In this Jan. 25, 2010 file photo, General Motors Co. chairman and then, interim chief executive, Ed Whitacre Jr., announces he will become the permanent CEO of the automaker during a news conference in Detroit. General Motors Co. said Thursday, Aug. 12, it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to the public. (AP Photo/Paul Sancya, file)

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GM posts $1.33 billion profit, a sign of strength

DETROIT -- General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it's getting healthier as it prepares to sell stock to the public.

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