Damage to GM’s Oklahoma City plant is costing $75 million. DETROIT – Extensive damage done by a May tornado to its Oklahoma City assembly plant will cost General Motors Corp. $0.25 to $0.35 per share due to lost production and insurance deductible payments, the auto maker’s chief financial officer says. However, GM still easily will beat its second-quarter earnings per share of at least $1.00, Chief Financial Officer John Devine tells analysts during a presentation at the auto ...

Premium Content (PAID Subscription Required)

"Tornado Costs GM 20,000 Units, $75 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.