UGLY GM:FCA likely to make more money from Vehicles than GM in Q1. Nearly 4 BILLION IN CASH BURN

AlexB

Well-known member
Oh Mary....What a UGLY Quarter.....

U.S. Trucks marketshare of 28% In Q1 2019 vs 31.9% Q1 2018

GM North America Q1 2019 EBIT of $1.106 billion on Revenue of $27,365 billion .VS. Q1 2018 EBIT of $2,233 billion on Revenue of $27,818 billion

GM International Operations(includes South America) Q1 2019 EBIT of $31 million including $376 million of Net income from Chinese JV .VS. Q1 2018 EBIT of $189 including $597 of Net Income from Chinese JV.

GM Autonomous/"Cruise" Q1 2019 EBIT loss of -$169 million on Revenue of $25 million .VS. EBIT loss of -$166 million on No Revenue.

Total GM Q1 2019 Automotive EBIT $968 million

Cash Burn of $3,945 billion in Q1 2019 .VS. Cash Burn of $1,133 billion in Q1 2018


FCA will likely do way better than these numbers from Mary....who's trying to make the North America number look better by attempting to put the job cuts & plant closure in North America as "Transform activities" cost ($790 million). DON't BUY HER BS


FCA Earnings are this Friday for Q1 2019.

???
 
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