UPDATE: GM Reports Strong Rise In Q2 Earnings

General Motors Co GM reported a strong rise in its second-quarter earnings. GM reported its quarterly earnings at $2.5 billion, or $1.54 per share, up from $1.3 billion, or $0.85 per share, in the year-earlier period. Its revenue surged to $39.4 billion from $33.2 billion. However, analysts were expecting earnings of $1.18 per share on revenue of $36.71 billion. GM sold 2.3 million vehicles in the second quarter, up 7% from a year-ago period. GM shares gained 1.84% to $27.67 in pre-market trading.