Narrowing losses in Europe and Latin America and a record quarter by its financing unit lift General Motors Corp. to first-quarter net income of $1.5 billion, or $2.71 per share, up from $228 million, or 57 cents per share, during like-2002. The results crush most Wall Street estimates, which averaged $1.55-$1.60 per share. GM First-Quarter Financial Results 2003 2002 % Chg. Sales $49,365 $46,214 6.8 Net Income $1,483 $228 550.4 E/S $2.71 $0.57 367.2 Unit Sales* ...

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