GM Repays Over Half Of The $16B It Borrowed To Get Through COVID
Through October, The General has paid back $9.1 billion of the $16 billion it borrowed.
We know, advertisements are annoying and slow down the internet. Unfortunately, this is how we pay the bills and our authors. We would love for you to enjoy our content, we've worked hard on providing it. Please whitelist our site in your adblocker, refresh the page, and enjoy!
Here you will find new and information about General Motors’ earnings.
Through October, The General has paid back $9.1 billion of the $16 billion it borrowed.
A relatively positive performance in light of the coronavirus pandemic.
Analysts are predicting that GM will report a profit during Q1.
Not bad for a company that only makes 10,000 cars a year.
The last time the automaker provided an outlook is in February.
The strike had a significant impact on The General’s financial performance during the quarter.
High desirability, strong sales and tight control of incentives tell the tale.
Demonstrating the automaker’s “ongoing resilience and earnings power.”
The fifth straight year GM Korea will have lost money.
38 cents per outstanding share of common stock.
A very strong second quarter with “more upside to come.”
The street is predicting earnings per share 21 percent lower than the second quarter of 2018.
Income was up while revenue was down.
When we’ll find out how first quarter sales translate to dollars and cents.
Both figures increased compared to Q4 2017.
GM pre-tax profits slipped 8.3 percent, but revenue beat Wall Street expectations.
GM Authority will be on hand to provide coverage.
The trade volleys between the USA and China are not without collateral damage.
With so much being spent on autonomy and electrification, could GM soon find itself strapped for cash?