GM Reports Second Quarter Net Income of USD 278 million  [ USA ]

GM announced second quarter net income attributable to common stockholders of USD 278 million, a decrease of 80.3 percent compared with a year ago. Revenues increased 1.5 percent to USD 39.6 billion, and EBIT decreased 40.6 percent to USD 1.35 billion. Special items include USD 1.2 billion in recall related costs and USD 0.2 billion in restructuring costs. GM says its core business performance ...
<Jul 29, 2014>