Stories Related to Gm Rides Cost Cuts, New Model Sales To 1q Profit

GM rides cost cuts, new model sales to 1Q profit

DETROIT (AP) -- General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years, drawing the company closer to a stock offering that would repay at least part of its government aid....

Sections:  news   business   
RELATED ARTICLES
  • Ford shareholders reject stock proposal
    Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More
  • AP Source: Fiat mulls IPO after buying Chrysler
    The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. More
  • Ford Profit Rises on Strong North American Sales
    The automaker, which continues to struggle overseas, posted first-quarter net income of $1.6 billion, beating Wall Street expectations. More
  • Chinese Auto Market Shifts Toward Larger Cars
    Auto buyers in what is the world’s largest car market are shifting away from compacts and subcompacts and buying more midsize cars and sport utility vehicles. More
  • Judge denies $20M severance deal for AMR CEO
    A federal bankruptcy judge has at least temporarily blocked a proposed $20 million severance payment for the CEO of American Airlines as part of the company's merger with US Airways. The judge ruled Thursday that the proposed payment to CEO Tom Horton exceeded limits that Congress set for bankruptcy cases in 2005. More
BING NEWS:
  • Ford Cuts F-150 Lightning Prices by up to $5,500 for Select Trims in Bid To Bolster Sales
    Ford comes fresh after the revelation that cutting prices helps sell more electric vehicles, which is why the 2024 F-150 Lightning is now up to $5,500 cheaper ...
    04/10/2024 - 10:30 pm | View Link
  • Are Price Cuts Paying Off for Lucid?
    Lucid posts a record quarter for deliveries of its Air sedan, after several rounds of price cuts. But its totals are still small compared to other EV makers.
    04/10/2024 - 5:48 am | View Link
  • Lucid sales surge 40% in Q1 after price cuts
    The EV startup delivered 1,967 Air sedans in the first quarter and produced 1,728 after building up inventory last year. Lucid cut the price of its base Air by $7,500 in mid-February to spur demand.
    04/9/2024 - 8:47 am | View Link
  • GM Canada Sales Up Three Percent In First Quarter 2024
    GM Q1 2024 sales U.S.A. Chevrolet sales Q1 2024 U.S.A. Cadillac sales Q1 2024 U.S.A. Buick sales Q1 2024 U.S.A. GMC sales Q1 2024 U.S.A. Deivis is an engineer with a passion for cars and the ...
    04/7/2024 - 10:56 pm | View Link
  • Tesla 1Q sales fall sharply as competition heats up, EV demand slows
    Last year Tesla dramatically lowered U.S. prices by up to $20,000 for some models. In March it temporarily knocked $1,000 off the Model Y, its top-selling vehicle. The reductions cut into the ...
    04/2/2024 - 2:43 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News