Diane Alter – AHN News Reporter New York, NY, United States (AHN) – General Motors reported better than expected earnings in the third quarter on Wednesday, but CEO Dan Akerson said the quarter “isn’t good enough,” a signal that more cost cutting lies ahead. GM, the U.S.’s largest automaker, earned $1.7 billion, or $1.03 a [...]
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GM CEO: Earnings good, but not good enough
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Comments OffFord shares drop after 4Q profit
admin Kris Alingod – AHN News Contributor Dearborn, MI, United States (AHN) – Shares of Ford dropped on Friday after the automaker reported dismal fourth-quarter earnings. Stocks dropped more than 11 percent upon news that the Dearborn-based company’s profit plunged 79 percent in the last three months. Ford said net income from October through December was [...]
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