General Motors’s quarterly profit nearly doubled, beating expectations, as the top carmaker took a larger share of sales in its home market and made gains in Europe and Asia.

Net income in the second quarter rose to $2.52 billion, or $1.54 per share, compared with $1.33 billion, or 85 cents per share, a year earlier.

Revenue rose 19 per cent to $39.4 billion, above the $36.74 billion analysts had expected.