GM Earnings Top $2 Billion Unlisted Video
4 years ago
4
General Motors
Dhivya Suryadevara
Great Recession In The United States
Pickup Truck
Automotive Industry
Electric Vehicles
$300 Million
17 Percent
$1.04 Billion
$2.15 Billion
$6 Billion
DETROIT — General Motors' first-quarter net income doubled from a year earlier, though operating profit fell 11 percent primarily due to downtime at the company's full-size SUV plant in Texas. GM on Tuesday reported net income of $2.15 billion, up from $1.04 billion in the first quarter of 2018. Its adjusted earnings before interest and taxes dropped $300 million to $2.3 billion, as revenue declined 3.4 percent to $34.9 billion.
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