GM’s Q1 Net Income Down 14 Percent

GM reported a net income of $865 million for Q1, a drop of 14 percent. Still, this is GM’s 13th consecutive quarterly profit since they came out of bankruptcy in 2009. CFO Dan Ammann blamed the drop on the heavy discounts for the existing full-size trucks as they prepare for the all-new 2014 trucks. GM […] More »
By: NorthWestBigBlock | May 7, 2013


You must be logged in to post a comment.