Current location:entertainment >>
General Motors reports strong first
entertainment26People have gathered around
IntroductionDETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income r ...
DETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
The automaker said that while its average sales price per vehicle was down slightly from last year at just under $50,000, pickup sales remained strong, and it’s not seeing the price erosion across its lineup that other companies have experienced.
GM on Tuesday said it made $2.97 billion from January through March, with revenue increasing 7.6% over the same period a year ago to just over $43 billion. That topped the $41.15 billion that analysts polled by FactSet were calling for.
Excluding one-time items the company made $2.62 per share, easily beating Wall Street estimates of $2.13 per share.
Dan Ives of Wedbush said in a note to clients that GM delivered a solid performance as it concentrates on profitability and managing expenses.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Sphere news portal”。http://www.havadist.com/disi-uyusmayan-hasta-tarafindan-bicaklanan-doktor-mahkemede-konustu-h18049
Related articles
Maine governor vetoes bill to create a minimum wage for agricultural workers
entertainmentPORTLAND, Maine (AP) — Maine’s Democratic governor vetoed on Tuesday a bill to establish a minimum h ...
Read moreBook on Xi's Thought on Boosting China's Strength in Cyberspace Published
entertainmentContact Us HomeNewsHighlightACWF NewsSocietyWom ...
Read moreEU wind turbine subsidy probe unfair, regressive
entertainmentA probe launched by the European Union into subsidies received by Chinese suppliers of wind turbines ...
Read more
Popular articles
- QB Stetson Bennett is back with the Rams for offseason workouts after missing his first NFL season
- Xinhua Headlines: Xi Attends SCO Summit, Calls for Unity, Coordination
- Highlights of semifinals at BWF Korea Open Badminton Championships 2022
- China installs deepwater jacket for offshore oil development
- Novartis, Danaher rise; Nucor, Cadence Design Systems fall, Tuesday, 4/23/2024
- Financial aid backs equipment renewal
Latest articles
Remains believed to be missing woman, daughter found at West Virginia home on same day suspect died
Public satisfaction increases on Chinse delivery rates
Follow Xi's Steps: Why Did President Xi Visit Suzhou Industrial Park?
Construction of mainland
Electrician, 55, filmed racially abusing Muslim women as they returned from a pro
Apps simplify expense steps for foreign users
LINKS
- Living Nostradamus warns future epidemics could come from AI laboratories
- Liaoning withstand Shanxi rally to win in OT
- Midweek games in hectic Premier League schedule
- Cambodia plans to add 7 tangible, 3 intangible cultural properties to UNESCO's heritage listing: PM
- Ancelotti calls for courage, personality vs. Man City
- Several gun bills inspired by mass shooting are headed for final passage in Maine
- Chinese tourists flock to savor trendy immersive experiences
- Baltimore Key bridge collapse: Crews race against time to remove wreckage
- Koke extends Atletico Madrid contract until 2025
- Singapore's outgoing prime minister will stay on as senior minister, his successor says