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Detailed text transcripts for TV channel - FOXNEWS - 20100812:16:08:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100812:16:08:00

After turning that troubled company around. this announcement is a big surprise, and it comes as the car maker reports growing profits. fox news -- fox business network's connell mcshane is with us. any word on who's going to replace him? >> reporter: this guy by the name of dan ackerson. he's on the board, and now he'll l become the ceo of the company. as jon said, gm just turning a profit of more than a billion dollars last quarter. so now they change it at the top. ackerson's been at the carlyle group and now he takes over as the ceo of general motors. they've went through bankruptcy, obvio...