qr-play-store play store

General Motors shows a more than double income!

21 Jul 2016
General Motors shows a more than double income!

We've come to realize that the new GM strategy was a great one and we've got the proof. The idea of focusing on retail sales in North America got a win-win in the second quarter, with net income more than doubling from the year-earlier quarter. The company has reported an income of $2.87 billion in the second quarter, which is up from $1.12 in the second quarter of 2015. General Motors' CEO told to the media that it's been an outstanding quarter for GM, and they'll continue to focus on driving profitable growth and leveraging their technical expertise to lead in the future of personal mobility.



The American carmaker has raised its earnings guidance for 2016, and it looks like it is expecting to make between $5.50 and $6 a share for 2016, up from its previous projection of $5.25-5.75. Since GM's emergence from bankruptcy in July 2009, the income rose 11% to $42.37 billion. Don't these results beat any Wall Street expectations?! Even though the analysts have been predicted the automaker to post earnings of $1.52 per share, it did even more and showed what a good strategy means. We didn't forget about the 5.6% GM sales drop in North America, but after the interest has approached a new level, the firm has rose its earnings here to $3.65 billion. After General Motors started to focus on selling fewer cars into fleet market, and was more into retail, the margins have boosted to 12.1% from 10.5% a year ago. We consider this strategy a very disciplined one, and the idea of making more than double incentives on pickups is also worth the cost.



GM also improved its position in Europe, which resulted into a recovering industry, cost optimization and many successful vehicle launches. It's income here in the first quarter was about $137 million, and it has become the second quarter in the row of break-even or better results. If everything goes right this year, the company could even have an impact up from $400 million.

0 0
2023-11-29 23:38:15
The lack of public awareness about potential side effects and risks associated with medications is a barrier to safe usage. order Cenforce 100mg
2023-11-28 15:50:54
dapoxetine priligy - Healthcare providers should educate patients about the importance of reporting any changes in their health status to ensure safe medication use.
2023-11-25 02:26:41
Medication safety programs should incorporate medication reconciliation best practices during care transitions. purchase Cenforce sale
2023-11-20 05:05:49
drug costs drug store news ce pharmacy technician drug store online
2023-10-10 10:01:05
dapoxetine tablets 60 mg in usa. The frustration and disappointment caused by ED can lead to emotional withdrawal and decreased emotional intimacy within a relationship.
  • Jaw-dropping deals this Spring at RepoKar
    27 Feb 2017

    Spring is right around the corner! With melting snow comes rising car sales. Longer days and brighter sunlight mean it’s the season to think about the best used cars for spring; vehicles that allow you to appreciate blue skies, while getting a head start to summer. The sooner you decide on your dream car, the greater the possibility of finding the best deals.  At RepoKar, we want to be sure that you've got everything you need to start the season fresh with a smile on your face. That’s why we’ve prepared amazing, hassle free used cars, trucks, and SUVs for our fr...

    7 8
  • Buy a car at RepoKar this Winter
    25 Nov 2017

    With winter on its way, the roads can be dangerous because it dries slower and road visibility as well as battery failure can also be hazardous. It’s time to start thinking about how you can make your daily drive safer and stress-free. That doesn’t necessarily mean you should buy an SUV or crossover to survive the season. Plenty of sedans and wagons provide qualities that can keep you safe in sleet and snow. These medium-sized vehicles also help you save at the pump! But what actually matters here is choosing the right place to buy a car from. There are several options on the marke...

    2 5
  • Diesel Cars VS Electric Cars
    17 May 2019

    Between loyal customers and car dealers lie an important dilemma that begs for an answer - What is the future of diesel cars and electric vehicles? Today at RepoKar, we are ready to tackle this predicament.Auto manufacturers and the combustible industries have often mentioned the idea that electric cars are worse for the environment than diesel and gasoline-powered vehicles because they are powered by dirty electricity.If we want to talk about fuel efficiency, noise pollution, and air quality, then EVs are clearly the outright winner. But if we're talking about torque or initial price, the...

    2 4
  • Fire Risk: BMW Recalls 185,000 Cars TODAY
    19 Apr 2019

    The recall expansion covers 3 Series, 5 Series and Z4 models from the 2006 model year. The problem has been traced to irregularities in the manufacturing process that could allow moisture to occur near the PCV valve heater and lead to a short circuit. The PCV valve is an emissions device that keeps pollutants created by an engine from being released into the atmosphere. It also helps keep the engine oil clean and prevents crankcase pressure from building up. BMW warns its customers to stop driving the vehicle if there is smoke coming from the engine, or if the driver smells smoke or plast...

    4 3
Search on the blog
Find us on

Last added auctions

2012 Ford ESCAPE
19 photos
No bids
2012 Nissan MURANO
13 photos
No bids
2000 Honda CR-V
12 photos
No bids
2012 Mazda MAZDA3
16 photos
No bids