Tonawanda, N.Y. (WKBW) – It was an unthinkable headline just two years ago. Now, GM is celebrating its biggest profits ever.
The company made $7.6 billion, beating the last record set nearly 15 years ago. There were 640,000 more cars and trucks sold last year than the year before.
ABC’s David Muir visited a plant in Lake Orion, Michigan where business was halted in 2009. They were all laid off. Now, all 2200 employees are back on the job, Friday.
“If I could jump and touch the sky I would,” one GM employee said.
The success spreads here to the Tonawanda engine plant too. Just last week, Manager Steve Finch announced that 93 employees on layoff would soon be returning to work. The plant is also making room to house several hundred additional workers in the coming years.
So how did GM do it? Sales are not only up in North America but in China. Last year, they sold one GM car or truck every 12 seconds.
It’s not just sales overseas, but also sacrifice here at home. Workers across the nation and in Tonawanda who took pay cuts up to 40 percent, and cuts in benefits as part of the bailout. Now, more than 47,000 GM workers will get the bonus check of $7,000 in profit sharing it was promised.
“We get caught up on some bills. And get my new GM vehicle,” another GM employee said.