Thursday, February 14, 2013

GM nets income of $4.9B in 2012, down from $7.9B in 2011

GM nets income of $4.9B in 2012, down from $7.9B in 2011

General Motors released a statement about its income for the 2012 calendar year today, reporting a net income of $4.9 billion and an earnings before interest and tax (EBIT) figure of some $7.9 billion. Per share that breaks down to $2.92, versus net income of $4.58 per share last year. These numbers are in contrast to the automaker's revenue figures, which rose in 2012 to $152.3 billion from $150.3 billion in 2011.

Autoblog , GM nets income of $4.9B in 2012, down from $7.9B in 2011, GM nets income of $4.9B in 2012, down from $7.9B in 2011

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