GM Reports Strong Earnings

[Gorehamj]

John Goreham
Contributing Writer, GM-Trucks.com
2-6-2019

General Motors today released its full Q4 earnings report. GM's CEO, Mary Barra, commented on the earnings, saying, "GM delivered another strong year of earnings in a highly volatile environment in 2018. We will continue to
make bold decisions to lead the transformation of this industry and drive significant shareholder value.” The report came just two days after GM began its 4,000 person layoff of white-collar workers and weeks after announcing four plants would have no vehicle allocations after April 1st, 2019. 

 

If you are an investor, you can jump to the GM investor summary here.  General Motors credited strong pricing, surging crossover sales, growth of GM Financial earnings, disciplined cost control and the successful launch of the new Sierra and Silverado pickups for the positive results.  

 

[BIGDOGx]

20 hours ago, Gorehamj said:

John Goreham
Contributing Writer, GM-Trucks.com
2-6-2019

General Motors today released its full Q4 earnings report. GM's CEO, Mary Barra, commented on the earnings, saying, "GM delivered another strong year of earnings in a highly volatile environment in 2018. We will continue to
make bold decisions to lead the transformation of this industry and drive significant shareholder value.” The report came just two days after GM began its 4,000 person layoff of white-collar workers and weeks after announcing four plants would have no vehicle allocations after April 1st, 2019. 

 

If you are an investor, you can jump to the GM investor summary here.  General Motors credited strong pricing, surging crossover sales, growth of GM Financial earnings, disciplined cost control and the successful launch of the new Sierra and Silverado pickups for the positive results.  

 

Not hard to make a profit when you turn to third world slave labor, to build your product. Lets see America labor rates are around 50+ an hour for gm, in Mexico they pay around 8-10 an hour! Let's stop giving applause to Mary the american labor wrecker please, the only thing she deserves credit for right now is upending the lives of thousands of americans and canadians who are now out of a job!

[pickmeup]

The General is feasting on prime rib right now. Gone are them bad days of peanut butter and crackers. America is having a torrid love affair with trucks and SUV the ''buzz word''. The sky is the limit with them msrp points. Who wants a Sonic?