Here's One Way GM Shares Could Get a Life -- Turning a Profit in Europe

NEW YORK (TheStreet) -- Among the many factors that drove pre-bankruptcy General Motors  to the brink, chronic losses in Europe stand out impressively. Six years later, GM's financial prospects in that region could be looking up. Karl-Thomas Neumann, GM executive vice president in charge of Europe, has drawn a line in the sand, declaring that GM will post a profit next year. He didn't say how big, though not reporting another loss would come as a relief at GM headquarters in Detroit. Over the p...