General Motors Corp. posts a second-quarter profit of $891 million to rebound from a deep year-ago loss, while weak results in North America continue to weigh on the auto maker’s financial performance. GM last year lost $3.38 billion, or $5.98 per share, in the second quarter due mostly to buyouts of hourly employees. This year, GM swung to a profit of $1.56 per share, as it took advantage of demand in global markets other than the U.S. and Canada. “Market-share gains outside the U.S. ...
Premium Content (PAID Subscription Required)
"GM Rebounds to Q2 Profit of $891 Million" 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 WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.