Gm Records Its Highest Profit Ever: $7.6 Billion

General Motors

General Motors earned its highest profit ever last year.

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    Katie and Dalton Prager, a young couple who both have cystic fibrosis, celebrated happy news when they reunited Tuesday afternoon after nearly five months apart: Katie is on her way to getting a lifesaving lung transplant. More
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    A big gain in the job market is lifting the stock market to new milestones. The Dow Jones industrial average crossed 15,000 for the first time early Friday, and the Standard and Poor's 500 index, a broader market measure, broke through 1,600 for the first time. More
  • Unemployment falls to 7.5%; job creation solid in April
    The job market plugged along steadily, and unemployment fell in April, according to new data out Friday, suggesting that the U.S. economy is still expanding. The nation added 165,000 jobs in April as the unemployment rate fell to 7.5 percent, from 7.6 percent in March, the Labor Department said on Friday. More
  • GM and Las Vegas Sands: This Week's Growth and Income Stocks
    Las Vegas Sands LVS is headquartered in Las Vegas ... GM also set delivery and sales records for electric vehicles, and average transaction prices. Further, management was able to reduce year end inventories to 63 days, well below the expected 70 day ...
    03/22/2017 - 2:30 am | View Link
  • General Motors (GM) Mary Teresa Barra on Q2 2016 Results
    I am extremely pleased to report that GM delivered strong earnings in the quarter that included record EBIT-adjusted and EBIT-adjusted margins in North America, record sales and strong margins in China, profitability in Europe, and records for net revenue ...
    07/21/2016 - 9:21 am | View Link
  • GM earnings hit a record
    It also posted an 8% profit margin. Both of those closely watched measures are records for GM for any quarter. Shares of GM (GM) jumped more than 4% in early trading on the-better-than expected results. Related: GM to test fleet of driverless cars in 2016 ...
    10/20/2015 - 11:27 pm | View Link
  • GM Dealers Are Loving All Of These Recalls
    The automaker has also benefited from a growing economy, and the highest profile recalls ... for a total $240. Dealers make a profit on the parts and technician labor, and the work helps pay for other service staff and overhead, Huffines said by email.
    07/24/2014 - 6:24 pm | View Link
  • At Least 74 Dead In Crashes Similar To Those GM Linked To Faulty Switches: Analysis
    The news agency compared the incidence of this kind of deadly accident in the Chevrolet Cobalt and the Saturn Ion, the highest-profile cars in GM's recall of 2.6 million cars with defective switches, against the records ... a non-profit safety research ...
    06/2/2014 - 8:00 pm | View Link
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  • General Motors
    General Motors Company, commonly abbreviated as GM, is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and ...
    03/21/2018 - 10:22 am | View Website
  • GM Historical Timeline
    Want to know more? Get the full, detailed history of GM Canada and learn about the history of the automobile and R.S. McLaughlin. You can read all the articles here ...
    03/19/2018 - 1:23 pm | View Website
  • Autoblog: New Cars, Used Cars for Sale, Car Reviews and News
    Autoblog brings you automotive news; expert reviews of cars, trucks, crossovers and SUVs; and pictures and video. Research and compare vehicles, find local dealers ...
    03/18/2018 - 6:03 pm | View Website
  • What’s Ahead for 2015 UAW Negotiations with FCA, Ford & GM
    What’s Ahead for 2015 UAW Negotiations with FCA, Ford & GM Kristin Dziczek Director, Industry & Labor Group CAR Industry Briefing 23 June 2015
    03/18/2018 - 10:47 am | View Website
  • Car News, Reviews, & Pricing for ...
    General Motors has announced that the fully autonomous Cruise AV will go into production in 2019. GM will invest more then $100 million to build the Bolt-based, self ...
    03/18/2018 - 9:21 am | View Website
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