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.
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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