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Tag Archives: general motors results
General Motors September Sales Up 20%, Led by Pickup Trucks
Based on early results GM is maintaining a market share of about 20%, which means it remains solidly in first place even as the Japanese maker are now back in full production. It also appears to prove the wisdom of the U.S. Treasury Department’s insistence on killing four brands, as part of the taxpayer bailout, and concentrating on the remaining four – Chevrolet, GMC, Buick and Cadillac in descending sales order. However, Cadillac (+1%) and Buick (+5.6%) appear to be badly trailing overall industry growth basis. Continue reading
Posted in auto news, economy, marketing, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, general motors results, gm sales september, Ken Zino, results, zino
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General Motors U.S. August Sales Increase 18%
General Motors today reported total August sales of 218,479 vehicles, an 18% increase compared with August 2010. The August sales gains were evenly divided among car, crossover and the truck segments that GM reports on. Continue reading
GM U.S. Sales Increase 8% in July. Cadillac off 26%
General Motors dealers in the United States sold 214,915 vehicles in July, an 8% sales gain compared to July 2010. Retail sales for GM’s brands rose 6% for the month compared to a year ago, and were 1% higher than June, as the U.S. economy continues to struggle with slow – or no growth – and high unemployment rates. Continue reading
Posted in auto news, economy, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, general motors results, gm results, gm sales, july results, Ken Zino, results, zino
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General Motors Posts 2011 Q1 Profit of $3.2 Billion. Results Almost Doubled by One Time Sales of Ally and Delphi Preferred
The General Motors results were not as strong as they appear on first glance because special items increased profits by $1.5 billion or $0.82 per fully-diluted share. GM stock is currently selling at under $32 a share, below the initial IPO price of $33 last November. Continue reading
