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GM (GM) -1% AH after CFO Dan Ammann states at a Deutsche conference the auto giant expects 2013...

GM (GM) -1% AH after CFO Dan Ammann states at a Deutsche conference the auto giant expects 2013 pre-tax earnings to be roughly flat with 2012, and for margins to also be flat - analysts currently expect EPS to rise to $3.89 from $3.27. U.S. industry volumes are seen rising ~5% this year, with a higher mix of luxury vehicles and small cars and flat truck production. European volumes are expected to drop ~4%, with an ongoing mix shift towards smaller vehicles. (webcast) (slides - PDF)
Comments (1)
  • CaladesiKid2
    , contributor
    Comments (271) | Send Message
     
    All that taxpayer money and this is the result?
    16 Jan 2013, 08:29 AM Reply Like
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