Friday, September 7, 2012

GM Bumps Up Q3 Results Prior To Election Day

General Motors hasn't announced their Q3 financial results prior to November in six years, but they intend to announce them on October 31st, 2012 – just prior to the U.S. general election on November 6th.

The timing, reported by MLive.com, is apparently coincidental, with GM spokesman Jim Cain telling the outlet that

 "…scheduling is based on committee meetings, executives' schedules and other internal factors."

Chrysler and Ford have yet to announce the timing of their Q3 result announcements. Chrysler has traditionally released their numbers at the same time as parent company Fiat. The Italian conglomerate will release their results on October 30th.



from The Truth About Cars http://www.thetruthaboutcars.com




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