CANBERRA – GM Holden Ltd. reports its fiscal 2004 net profit fell 24% to A$216 million ($164.7 million), despite a 10% rise in sales revenue to A$6.7 billion ($5.1 million). "The result is a reflection of the competitive environment and currency pressures," a GM Holden spokesman says. Profit would have been A$336 million ($256 million), he says, if it were not for transfers within parent company General Motors Corp. GM Holden's dividend payment to GM fell to A$75 million ($57.2 ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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!
Current subscribers, please login or CLICK for support information.