GM posts second quarter net income of USD 2.9 billion, up 157%  [ USA ]

GM reported on July 21 the financial results of 2016 second quarter. Net revenue in the second quarter of 2016 was USD 42.4 billion, up 11.0% compared to the second quarter of 2015. Earnings before interest and taxes (EBIT) adjusted increased to USD 3,947 million, up 37.5% y/y. Net income attributable to common stockholders of USD 2,866 million was up 156.6% y/y. Special items before tax in the...
<Jul 26, 2016>