The heartbeat of America is a little weaker.
General Motors reports it made 11 pt 8 billion dollars in pre-tax profits in 2018. That’s down 8-percent from the year before.
GM made 2 pt 8 billion in the 4th quarter, down 8-percent. 2 pt 1 billion after taxes.
GM made 10 pt 8 billion in North America. That means profit-sharing checks of about $10,750 for unionized hourly workers.
GM’s 4th quarter earnings beat Wall Street estimates.
Foreign markets, including China, were down.
GM Posts 2018 Earnings
Feb 6, 2019 | 8:56 AM
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