Yes, GM's sales in the first quarter of this year were way up from last year's catastrophic first quarter. And the company, which went through bankruptcy last year, turned a profit for the first time since 2007.
But its sales are still lower than they were for most of the past decade:
GM sales are important for taxpayers, because the U.S. Treasury owns 61% of GM. And the U.S. is unlikely to recover its investment in the company unless sales rise a lot more.
The ownership stake in GM cost taxpayers about $39 billion.
For the Treasury to break even on the investment, GM would have to be worth roughly $64 billion. By comparison, when the company's stock hit an all-time high back in 2000, GM's market cap was about $56 billion.