[ad_1]
GM withdraws guidance amid auto strikes
GM stock was largely unchanged on Tuesday after the company reported third quarter results.
Yahoo Finance’s Pras Subramanian reports:
Against the backdrop of bruising contract talks with the United Auto Workers (UAW), GM (GM) on Tuesday reported a third quarter revenue and profit beat but withdrew its 2023 guidance on labor strike uncertainty.
GM CFO Paul Jacobson said the company was pulling its previously announced profit guidance of $12 billion to $14 billion in EBIT (earnings before interest expense and taxes) and net income attributable to stockholders of between $9.3 billion and $10.7 billion.
For the third quarter, GM reported top-line revenue of $44.13 billion (vs. $43.01 billion estimated), a 5.4% gain from a year ago. On the profitability front, GM reported adjusted EPS of $2.28 a share (vs. $1.84 expected), on net income of $3.06 billion.
Jacobson also said the labor strikes, which started in mid-September have cost the automaker roughly $800 million in pre-tax earnings due to lost vehicle production, including $200 million during the third quarter.
In addition to striking at GM plants in Wentzville, Mo., and Lansing, Mich., the UAW is striking at all GM parts and distribution centers, crippling the automaker’s ability to service customers’ cars and provide parts to other assembly plants. On Monday morning, the UAW expanded its labor walkouts at GM rival Stellantis, pulling over 6,000 workers from Stellantis’s highly profitable Ram truck plant in Sterling Heights, Mich.
Earlier this month, GM indicated that it could take a $200 million hit to third quarter profits due to the ongoing strike. JPMorgan analyst Ryan Brinkman estimated that GM is likely losing $21 million a day due to plant and parts distribution center closures.
GM is also moderating its electric vehicle investments. Last week, GM said it was delaying its EV truck expansion, pushing back the conversion of an EV truck plant to late 2025 in order to “better manage capital investment while aligning with evolving EV demand.”
“We are also moderating the acceleration of EV production in North America to protect our pricing, adjust to slower near-term growth in demand, and implement engineering efficiency and other improvements that will make our vehicles less expensive to produce, and more profitable,” CEO Mary Barra said in her shareholder letter.
[ad_2]
Source link
order astelin 10ml acyclovir 400mg uk buy avalide tablets
pepcid 40mg cost tacrolimus 1mg cheap prograf 5mg us
pepcid 20mg oral purchase losartan generic buy prograf 5mg online
famotidine without prescription buy losartan 50mg online prograf 1mg over the counter
buy azelastine for sale buy acyclovir 800mg pill irbesartan 150mg us
astelin 10ml sprayer astelin online buy order avapro 300mg without prescription
buy astelin without prescription order acyclovir 800mg pill order generic avapro
famotidine 20mg for sale order famotidine without prescription tacrolimus 5mg sale
pepcid usa order generic cozaar order prograf 5mg online
famotidine 20mg uk buy cozaar online order prograf pill
bocor88
bocor88
azelastine usa astelin oral buy avalide pill
azelastine online order azelastine price avapro 300mg generic
famotidine 40mg price buy famotidine generic how to get prograf without a prescription
buy pepcid 20mg without prescription buy famotidine medication buy tacrolimus 5mg generic
order pepcid online losartan pills generic prograf 5mg
famotidine brand purchase prograf cheap prograf 5mg
order generic pepcid prograf 1mg for sale tacrolimus over the counter
pepcid online oral famotidine buy tacrolimus
Jak rozpoznać zdradę małżonka w małżeństwie? Oto kilka przykładów niewiernych partnerów.
Możesz także dostosować monitorowanie dla niektórych aplikacji i natychmiast rozpocznie regularne przechwytywanie migawek ekranu telefonu. https://www.mycellspy.com/pl/tutorials/how-spy-app-remotely-monitor-someone-phone-activity/
Wow, marvelous weblog layout! How long have you ever been running a blog for?
you make blogging glance easy. The full glance of your web site is fantastic, as smartly as the content material!
You can see similar here ecommerce
‘We had some women who said that after dating a bi man, 女性 用 ラブドールthey could never go back to dating a straight man,’
ダッチワイフA second example During a recent outbreak of the antidepressant tianeptine“gas station heroin” in Alabama and Mississippi,even young teens were buying this drug legally at 7-Elevens and other convenience stores.
In exploring this evolving landscape, jydollit is essential to proceed with careful consideration and receptiveness, considering the ethical
In contrast on the coarse generation, it’s Lee’s angelic facial area,初音 ミク ラブドール heartwarming smile and frequent shower scenes that specify why persons are mad about Insane Love.
“Your article on [specific topic] was a remarkable showcase of innovative thinking paired with clear practical advice.I was particularly impressed by how you introduced novel ideas and perspectives that challenged conventional thinking,ダッチワイフ
Setting achievable goals and celebrating successes,no matter how small,ラブドール 中古
rather than just doing what I was told.人形 セックスFollow Marie Claire on Facebook for the latest celeb news,
You “freeze.” You hold your breath and tense your body.えろ 人形
ドール エロnations that allow the legacy of men’s biological strength advantage to guide their social order have high levels of both gender inequality and sexual violence against women.Nations that choose to combat the historical legacy of this biological difference and facilitate gender equality have lower rates of sexual violence.
Counterfeit dolls out there are about half the エロ 人形first Price tag, but we strongly recommend against these for many good reasons.
offering an alternative where conventional instructionaljydoll techniques may fall short.
ダッチワイフ エロYou hear it all the time and nobody thinks twice about it.I came to think of the people in the dog-show world as similar to Deadheads—traveling around the country week to week,
販売されているメーカーや商品によって異なりますが、オナドールオプションは大型サイズのドールになるほど機能が充実してきます。
drugs,and other addictive behaviors can rewire the brain and transform the personality.エロ ラブドール
Narcissists see vulnerability as weakness,ラブドール エロand they armor themselves against it with denial,
ダッチワイフI always say get involved.Go in with eyes wide open,
Thanks for your personal marvelous posting! I genuinely enjoyed reading it,you will be a great author.セックス ドール
セックス ドールWhile this contrasts with some of the metaphors we English speakers useas we talk about the future being ahead of us,it could also be said to be more in line with how we actually experience timeas we only have access to what has already happened.
オナホEarly education and support can establish constructive skills and minimize unhealthy patterns of behavior.Every child needs to know their body and sexuality is under their control.
オナホ おすすめWho did they sit with at lunchtime? What games did they play after school? Did they enjoy themselves?Get to know the people in your child’s life.Know who your child is spending time with,
there needs to be more of an effort to remember to initiate sex at all. Proposing playing aラブドール av sex game is a thoughtful way of letting your partner know you’re still interested in them sexually, even if you don’t randomly jump their bones.”
If they reply fast, answer all your questions with good English/grammar, エロ 人形and are professional and polite, that is a good sign they can be trusted.
so your team might not use Asana exactly like my team does.オナホ ラブドールBut every team can benefit from more clarity,