Current location:entertainment >>
General Motors reports strong first
entertainment6758People 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/tag/bodrum
Related articles
I'm a female joiner and applied for a job at building firm... but what they said made my blood boil
entertainmentA female joiner has revealed her fury after she applied for a job at a construction firm only to be ...
Read moreRegional Canine Training Center of World Customs Organization opens in Hong Kong
entertainmentBeijing, March7 (Youth.cn) -On March 6th, 2024, the opening ceremony for the World Customs Organizat ...
Read morePeople visit 2024 Artist Project in Canada
entertainmentPeople visit the 2024 Artist Project in Toronto, Canada, on April 12, 2024. (Photo by Zou Zheng/Xinh ...
Read more
Popular articles
- Britain's Kensington Palace releases image of Prince Louis to mark his 6th birthday
- Final touches put on Asian Games prep
- Chaos intensifies US political polarization
- London mayoral hustings descends into mayhem as Sadiq Khan is heckled by man about the 'absolute doo
- Murder investigation launched after two people died in house fire in north
- Anqing developed agriculture and ecological breeding industries to expand income
Latest articles
Sam Taylor
Samantha Fox is still married to her Norwegian wife Linda Olsen
Family of heiress who drowned are to sue her husband who was accused of killing her
CIIE: a vivid reality of the world sharing Chinese opportunities
Alabama lawmakers OK bill blocking state incentives to companies that voluntarily recognize unions
Let fruits of internet development benefit more countries, people
LINKS
- China to Launch TCM Pilot Projects on Myopia Prevention
- In Pics: Onboard Markets on 'Slow Trains'
- Protection of consumers' personal information highlighted in China's new regulations
- In Pics: Closing Ceremony of Beijing 2022 Olympic Winter Games
- Olympic Villages for Beijing 2022 Officially Open
- China's Judicial Authorities Strengthen Protection of Women, Children
- China to Further Address Excessive School Homework: Ministry
- Special Train Helps Migrant Workers in Guizhou Return to Work
- 2nd Chinese People's Police Day Marked Across China
- Passenger Trips to Exceed 1 Bln During 2022 Spring Festival Travel Rush