DETROIT – General Motors Corp. improved its cash position so much during the first quarter, when it earned $791 million excluding special charges, or $1.39 earnings per share (EPS) on revenue of $44.3 billion, that the auto maker paid large employee-related expenses ahead of schedule. GM took a $407 million after-tax restructuring charge for personnel severances in Europe – even though the job reductions will continue into next year – and made a large contribution scheduled for 2003 to its ...
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:
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.