General Motors (GM) has reported a net income of $1.2bn for the second quarter of 2013, a 16% decline compared to $1.5bn it reported during corresponding period previous year.
For the second quarter of 2013 the company posted a revenue of $39.1bn, compared to $37.6bn it recorded in the second quarter of 2012.
During the quarter, the company's earnings before interest and tax (EBIT) adjusted was $2.3bn, a rise against the $2.1bn recorded for the same period prior year.
GM chairman and CEO Dan Akerson said the company continues to perform well in the world's two most important markets, the US and China.
"We also made further progress in our European business and saw the steady performance of our global brands Chevrolet and Cadillac," Akerson added.
"For the rest of the year, we'll focus on winning customers with high-quality vehicles at a compelling value."
GM executive vice president and CFO Dan Ammann said that the company's results in this quarter were clearly pegged to vehicles like the Cadillac ATS, Chevrolet Impala and Opel Mokka.
"We will continue to address our business challenges head-on, execute flawless launches of our future products and most importantly, satisfy our customers," Ammann added.
