国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

GM loses $3 billion in third quarter due to Opel-Vauxhall sale

Xinhua | Updated: 2017-10-25 08:52

CHICAGO — General Motors reported on Tuesday a net loss of $3 billion in the third quarter this year despite robust results in North America and China.

The loss was driven primarily by a charge of $5.4 billion resulting from the sale of Opel/Vauxhall in Europe, which was taken over by French automaker PSA.

According to GM's third-quarter report, the huge Opel/Vauxhall-related loss included approximately $4.3 billion of unrealizable deferred tax assets, $1.5 billion related to pensions and other net charges for working capital adjustments and costs to support the separation of operations.

The Detroit-based automaker underlined that its operations in North America, South America, China and elsewhere in Asia were all profitable for the first time since the fourth quarter of 2014.

GM delivered a total of 781,056 vehicles in its home market, with a remarkable 25-percent increase in retail crossover sales.

In China, GM reported it delivered 982,311 vehicles, setting a third-quarter record, up 12.3 percent from the third quarter of 2016. GM contributed the strong performance in China to sharply increased sales of Baojun and Cadillac.

"Solid performance in all operating segments led to a very good quarter. With an aggressive vehicle launch cadence through the fourth quarter and an ongoing intense focus on costs, we project strong results through the end of the year," said Chuck Stevens, executive vice-president and CFO of GM.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
苏尼特左旗| 孟村| 苏州市| 通许县| 肥东县| 乌兰察布市| 宣城市| 灯塔市| 芒康县| 平南县| 洞头县| 泽库县| 蓬莱市| 罗城| 湛江市| 新民市| 台江县| 龙南县| 台湾省| 文登市| 若尔盖县| 赣州市| 汽车| 临邑县| 城固县| 滕州市| 富宁县| 北辰区| 宜春市| 青川县| 台中县| 开原市| 蒙阴县| 武宣县| 阿拉尔市| 进贤县| 丹江口市| 海原县| 黎城县| 瑞安市| 周宁县|