General Motors Corp. ends the second quarter firmly in the red, losing $318 million, or $0.56 per share, on the back of lower North American vehicle production and a less-profitable vehicle mix. GM earned $1.4 billion, or $2.42 per share, in like-2004. The No.1 auto maker's North American unit led the decline, posting a $1.2 billion loss, compared with year-ago positive results of $355 million. Overall market share in the region increased to 27.3% from 26.2% reported in second-quarter ...
Premium Content (PAID Subscription Required)
"GM Continues to Bleed Red Ink in Q2" 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