GM Holden reports a net profit of A$89.7 million ($91.4 million) for 2011, which the General Motors Australian subsidiary says establishes a solid foundation for the future. Coincidentally, its net profit was the same amount it received in taxpayer funding last year, the auto maker says. Consolidated revenue was down slightly, from A$4.4 billion ($4.48 billion) in 2010 to A$4.3 billion ($4.38 billion) in 2011, due to a softening of the large-car market and shortages of some imported ...

Premium Content (PAID Subscription Required)

"GM Holden Sees Net Profits for Second Consecutive Year " is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.