GM Q1 earnings are on fire- thanks to the Silverado, Sierra, and hot-selling full-size SUVs. The company recently announced that first-quarter revenue clocked in at $32.5-billion. That’s compared to $32.7-billion at the same time last year. The company also announced a net income of $3.0-billion, a net income margin of 9.3%, and has nearly $42-billion… Continue reading GM Q1 Earnings Are Huge Thanks To Silverado / Sierra & Full-Size SUVs
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Today, GM reported its first quarter 2020 profit/earnings and as you might guess the company has been impacted by the current pandemic. How bad are things? How do these numbers compare to the other big three automakers? Let’s take a look. Every three months, public companies like General Motors release earnings reports. They lay out… Continue reading General Motors First Quarter Profit Down 87% – Earnings Down 46%
GM’s first quarter was impacted by the effects of the COVID-19 Pandemic.