Tyler Durden: Moments ago General Motors Company (NYSE:GM) impressed everyone once again when it reported that in the month of July it sold 272,512 cars in the US, or a 6.4% jump compared to a year earlier.
Image source: Ford Motor Company. It's a well-known fact that Detroit's two largest automakers, Ford Motor Company (NYSE:F) and General Motors (NYSE:GM), depend on sales of their prized full-size trucks for huge profits. It's also well known that this ...
NEW DELHI— General Motors Co. GM 0.54 % is retooling its game plan for India, betting $1 billion it can emerge as a bigger force in a market where it currently is a bit player with a somewhat tarnished reputation.
The big three American manufacturers -- Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Fiat Chrysler Automobiles NV (NYSE: FCAU) -- all trounced analyst expectations and last year's numbers.
Of the $7 billion earnings potential, Citi is expecting top U.S. manufacturers General Motors Co (NYSE: GM) and Ford Motor Co (NYSE: F) to each draw about $2 billion in EBIT from driverless cars by 2030.
... EPS of $0.97 on revenue of $37.61 billion. The revenue miss was partially blamed on a Venezuelan currency devaluation. The company also blamed an economic downturn in Russia, where GM announced in March it would stop nearly all manufacturing.