UPDATE 1-GM posts strong qtly operating profit; shrs surge


(Recasts first paragraph, adds details on revenue, results, share price, background) DETROIT, July 26 (Reuters) - General Motors Corp. on Wednesday posted a larger-than-expected quarterly operating profit as it slashed costs in North America and raised its cost-cutting target by $1 billion, sending its shares up 5 percent. GM, the world's No. 1 automaker by sales volume, reported its net loss widened for the second quarter after writing down previously announced costs associated with ...

Premium Content (PAID Subscription Required)

"UPDATE 1-GM posts strong qtly operating profit; shrs surge" 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.

Feb 22, 2018

2018 Wards 10 Best Engines Ceremony

Today, WardsAuto begins posting videos from the 2018 Wards 10 Best Engines celebration, held during the North American International Auto Show. In this segment, editors Drew Winter and Tom Murphy kick off the event. Beginning tomorrow, videos with each winning automaker's acceptance speech will begin posting, one daily, in alphabetical order....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×