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How has General Motors performed in terms of revenue and profit this past year? (has revenue...

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Finance

How has General Motors performed in terms of revenue and profitthis past year? (has revenue grown, did profit slip)

How has net income performed in the past 4 quarters and 5 years?What is the market capitalization for the company? Has it grown inthe past year?

Please cite sources.

Thanks!

Answer & Explanation Solved by verified expert
3.7 Ratings (306 Votes)
General Motors NYSEGM said that its US sales fell 27 in December as sales of its new pickups werent strong enough to overcome big yearoveryear declines in sales of its sedans For the full year GMs US sales were down 16 from 2017 Most of GMs rivals also lost ground year over year in 2018 The big exception was Fiat Chrysler Automobiles NYSEFCAU which rode its pickupandSUVheavy lineup to a solid sales gain Automaker 2018 US Sales Change vs 2017 GM 2954037 16 Ford Motor Company NYSEF 2485222 35 Toyota 2426672 03 Fiat Chrysler Automobiles 2246467 84 Honda 1604828 22 Nissan 1493877 63 GM put a lot of money and effort behind revamping its entire line of crossover SUVs in 2016 and 2017 As expected it reaped the benefits in 2018 with five models setting new sales records Vehicle 2018 US Sales Change vs 2017 Buick Encore 93073 57 Chevrolet Equinox 332618 145 Chevrolet Trax 89916 134 Chevrolet Traverse 146534 186 GMC Terrain 114314 338 Midsize pickups While sales of GMs fullsize pickups were roughly flat in 2018 more on that below its onesizedown Chevrolet Colorado and GMC Sierra each had a good year sales were up 19 and 43 respectively The Chevrolet Bolt EV You may have heard that US    See Answer
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How has General Motors performed in terms of revenue and profitthis past year? (has revenue grown, did profit slip)How has net income performed in the past 4 quarters and 5 years?What is the market capitalization for the company? Has it grown inthe past year?Please cite sources.Thanks!

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