With the official release of The General’s annual and fourth quarter financial report a mere few hours away, Bloomberg is reporting that we may see an estimated $1.06 billion profit for the fourth quarter alone. It may be significantly lower than the previous three, but it is believed that major factors such as the expensive launch of the Chevrolet Volt and increased spending in future products have contributed to the lower profit margin. That’s money well spent if you ask us. Now… we play the waiting game for the official numbers.
Source: Bloomberg
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