Louisiana Car Expert Discusses Success Of General Motors
A Louisiana car expect weighs in on General Motors' financial success last year. GM recorded its highest profit ever in 2011 at $7.6 billion, just two years after nearly collapsing into financial ruin.
Bob Isreal, executive director of the Louisiana Automobile Dealers Association, says the high profit is due in large part to the fact that GM started producing fewer cars.
GM's Shreveport manufacturing plant is still scheduled to shut down this year.