Here you will find news and information about General Motors’ profitability.
Big challenges ahead, but big profits within reach.
While raising its full-year guidance.
GM will report earnings on the morning of Wednesday, August 4th.
Inventory is low, but strong demand and low incentives means big profits.
Substantial growth in income on slightly lower revenue.
The General will report its earnings on the morning of July 29th, 2020.
A relatively positive performance in light of the coronavirus pandemic.
GM still has to pay for labor costs, cleaning, security and more.
Costly tech investments put pressure on current products to show a profit, or die.
The new truck line should significantly pad GM’s bottom line.
How profitable, we’re not yet sure.
…but that number doesn’t tell the whole story.
A very strong second quarter with “more upside to come.”
New mobility services are not raking in the profits the industry had anticipated.
Which is very good news when it comes to Silverado and Sierra sales.
In its first full year under PSA ownership, Opel flourished.
GM has previously targeted 2021 as a date for its first profitable electric car.
As with Canada, the little Sonic will fade away in the US market.
Lutz sounded off on a lot of recent GM-related news.
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