Auto industry analysts say they are surprised General Motors Corp.’s second-quarter results fell so short of expectations. GM announced July 20 that it lost $318 million in the quarter, or 56 cents per share, with North America contributing a $1.2 billion loss. (See related story: GM Continues to Bleed Red Ink in Q2) "The implication is that the third-quarter loss, when they switch over to the '06 models, may be worse than in the second quarter, so the loss for the year will be greater ...
Premium Content (PAID Subscription Required)
"Industry Analysts: GM Loss Worse Than Expected" 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