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General Motors Q4 revenue down 19.7%

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Christian Fernsby ▼ | February 5, 2020
General Motors reported fourth quarter revenue was $30.8 billion, down 19.7% from previous year.
General Motors
General Motors   Four weeks of vehicle production were lost in the fourth quarter
Four weeks of vehicle production were lost in the fourth quarter due to the work stoppage, reducing wholesales by 191,000 units year over year.

Topics: General Motors

The net strike impact to fourth quarter EBIT-adjusted was $(2.6) billion, or $(1.39) per diluted-adjusted share.

For the full year, the strike reduced EBIT-adjusted by $3.6 billion and lowered adjusted auto free cash fow by $5.4 billion.


 

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