GM Reporting Largest Annual Profit Ever

By Scott Sarvay
By Maureen Mespell

February 16, 2012 Updated Nov 23, 2013 at 9:59 AM EST

DETROIT, Mi. (Indiana's NewsCenter) - Make no mistake, General Motors has roared back, reporting the largest annual profit ever for the company.

Thursday morning GM said its quarterly profit came in at 28-cents a share, or $472 million. For the whole year, GM's earning came in at $7.6-billion, some 62 percent more than a year ago.

More than 47,000 hourly workers will get profit-sharing checks up to $7,000 - that's the most ever.

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