GOOD NEWS!!! GM see's Strong Q1 Sales!!
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GOOD NEWS!!! GM see's Strong Q1 Sales!!
Thought some good news was in order...
GM sees Q1 industry sales "stronger"
All Reuters NewsNEW YORK (Reuters) - General Motors Corp. expects 2006 industry revenue to grow at about 5 percent, while first-quarter revenue will be a "little bit stronger" than expected, GM's chief sales analyst said on Monday.
"We expect industry to grow at about 5 percent revenue clips, and it will be a little bit stronger in Q1 than what we anticipated," Paul Ballew said at the Morgan Stanley Global Automotive Conference in New York.
All Reuters NewsNEW YORK (Reuters) - General Motors Corp. expects 2006 industry revenue to grow at about 5 percent, while first-quarter revenue will be a "little bit stronger" than expected, GM's chief sales analyst said on Monday.
"We expect industry to grow at about 5 percent revenue clips, and it will be a little bit stronger in Q1 than what we anticipated," Paul Ballew said at the Morgan Stanley Global Automotive Conference in New York.
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Joined: Aug 2002
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From: Indianapolis, IN
Re: GOOD NEWS!!! GM see's Strong Q1 Sales!!
Originally Posted by Threxx
GM has a bad habit of 'settling' once it's not losing money. Toyota never rests. I hope this doesn't go to their head. They need to keep on pushing.
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Joined: Sep 1998
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From: Memphis
Re: GOOD NEWS!!! GM see's Strong Q1 Sales!!
Originally Posted by 96_Camaro_B4C
Given a loss of $10.6B last year, I don't think anyone at the company is going to look at one improved quarter as a reason to throttle back.
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From: Wet Coast
Re: GOOD NEWS!!! GM see's Strong Q1 Sales!!
I agree with Threxx. What GM has shown through market loss is that they have the potential and technology to make some of the world's greatest cars. However it kind of goes up and down every few years from good to bad, great to horrible.
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Re: GOOD NEWS!!! GM see's Strong Q1 Sales!!
Originally Posted by R377
That quote is about industry revenue, not GM's.
With GM's continued loss of market share, I'm not so sure they're participating in that revenue increase.
With GM's continued loss of market share, I'm not so sure they're participating in that revenue increase.
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From: O-Town
Re: GOOD NEWS!!! GM see's Strong Q1 Sales!!
What I don't understand is why all the GM commercials are about their trucks and SUVs? Sure they are great and new, but they alone are not going to keep the company afloat. They need more commericals about their new cars and small cars, G6, Malibu, Cobalt, etc. I know they all may not be the best thing right now, but they need to get the awareness that there are new and improved cars out there.
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