Skip to main content

gm profit

  • 0
    Official: GM reports 2011 profit of $7.6 billion
    1329402900

    General Motors today reported its earnings for last year and the fourth fiscal quarter of 2011. The automaker's profits for 2011 totaled $7.6 billion, up from $4.7 billion in 2010. While the news was excellent for the full year, fourth quarter net income was only $472 million, or about the same ...

  • 0
    Report: GM hires agency to identify white-collar job cuts
    1325166180

    General Motors isn't happy that it's five-percent operating margin is less than the predicted seven-percent at Ford or the 10 percent at Hyundai. To boost its number, Bloomberg reports that GM has hired consulting firm Hackett Group to identify areas in which it can save on white-collar costs, ...

  • 0
    General Motors reports earnings of $4.7B in 2010, first yearly profit since 2004
    1298558700

    General Motors has officially announced earnings for its first full year of business after its emergence from bankruptcy. The automaker brought in $135.6 billion in revenue with a net income of $4.7 billion, which marks GM's first profit since 2004. Additionally, that profit was the largest for The ...

  • 0
    General Motors announces Q3 profit of $1.96 billion ahead of IPO
    1289399340

    General Motors posted its last financial report before the company's initial public offering of stock next week. In it, the company reported that in the third quarter of 2010, it earned a net income of $1.96 billion on a total of $34.06 billion in revenue. That puts the automaker's 2010 figures at ...

  • 0
    General Motors reports $1.3 billion profit in second quarter
    1281623220

    General Motors reported its second straight quarter of profitability this morning, something it hasn't done in many years. In fact, the first half of 2010 has been the automaker's best since 2004. In the April–June quarter, GM earned net profits of $1.3 billion on revenues of $33.2 billion. ...

  • 0
    Autoblog Podcast #178: GM Profit, Civic Redesign, 40 mpg Fiesta
    1274217540

    Click above for the Autoblog Podcast in iTunes, RSS or listen now!
    Our iTunes feed for the Autoblog Podcast is still busted, thanks to the TV Squad debacle with an update gone wrong. We're still waiting on resolution of the issue, and the real fix may involve each and every one of you having to ...

  • 0
    GM earns $865M first quarter profit, first in three years
    1274106600

    General Motors has just posted its first quarterly profit in three years, and it's not exactly chump change. The General just announced it managed to rake in a net income of $865 million during the first quarter of 2010. According to The Detroit News, the change in direction is thanks largely to ...

  • 0
    How is it that GM is still worth more than Ford?
    1271698860

    General Motors, which hasn't been allowed to forget its recent financial propping up by all of us, is apparently still worth more than Ford Motor Company. That's a dubious fact that sticks in the craw of Detroit Free Press columnist Tom Walsh. Ford, you'll recall, preemptively mortgaged itself up ...

  • 0
    Lutz claims GM will cut fleet sales by 100k in 2007
    1168433520

    Dang, it looks like everyone will have to dream up a new way to insult the four-door Cobalt. GM's Bob Lutz has announced that sales to fleet companies will be curtailed to the tune of 100,000 vehicles this year. The reduction is part of an ongoing effort to boost the resale value of General Motors ...

Loading

Loading
Autoblog iPhone App
Shop for a vehicle