GM reports upbeat earnings; CEO to leave

General Motors Corp. Chairman Edward Whitacre says he will be replaced by GM board member Daniel Akerson, the managing director and head of global buyout of The Carlyle Group.On the same day that General Motors reported a profit of .33 billion in the second quarter, the U.S. automaker announced that CEO Ed Whitacre will step down from his position.



msnbc.com: Autos

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