Items Tagged with 'General Motors sales'

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GM China Sales Increase 11.3%

General Motors Has Another Record Year in China

On January 14, 2013, Supported by unprecedented demand for all of their major brands, General Motors (NYSE: GM) and its joint ventures sold a record 2,836,128 vehicles in China in 2012. Sales increased 11.3 percent from 2011.


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GM Report Record Sales

Chevrolet Expands Global Reach with Record 2012 Sales

On January 14, 2013, Chevrolet, the world’s-fastest growing major automotive brand, sold more than 4.95 million vehicles in 2012, setting a global sales record and driving General Motors Co. (NYSE: GM) global sales to more than 9.2 million vehicles, a 2.9 percent gain compared with 2011.


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GM Reports Second Quarter Net Income of $1.5 Billion

General Motors Financials Released

On August 2, 2012, General Motors Co. (NYSE: GM) announced second quarter 2012 financial results.


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GM Reports Slight Quarterly Revenue Increase

General Motors Financials Reported

On May 3, 2012, General Motors Co. (NYSE: GM) announced first quarter net income attributable to common stockholders of $1.0 billion, or $0.60 per fully diluted share.


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GM April Fleet Sales Decrease 25%

General Motor Sales Release

On May 1, 2012, General Motors Co. (NYSE: GM) reported April sales of 213,387 vehicles in the United States.


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GM Reports 12% Sales Increase

General Motors Sales Reported

On April 3, 2012, General Motors Co. (NYSE: GM) reported total March sales of 231,052 vehicles in the United States, up 12% year over year.


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GM Monthly Sales Rise

General Motors February Sales Announced

On March 1, 2012, General Motors Co. (NYSE: GM) reported total sales of 209,306 vehicles in February, up 1.1% compared with the company’s very strong February 2011 results.


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General Motors January Sales Released

On February 1, 2012, General Motors Co. (NYSE: GM) reported total sales of 167,962 vehicles in the United States in January, down 6% compared with a very strong January 2011. Chevrolet passenger car sales increased 13%.


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GM U.S. Sales Reported

On January 4, 2012, General Motors Co. (NYSE: GM) reported total U.S. sales of 234,351 vehicles in December, up 5% compared with December 2010.


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George Putnam's Favorite Stocks for 2016

stock picks

Distressed Investing Blog

Distressed Investing Blog

2015 Bankruptcy Recap: 46% Increase Fueled by Oil & Gas/Mining Industry--Further Uptick Predicted

Looking back at 2015, research reveals a 14% decline in overall business bankruptcies but a 46% uptick in public company Chapter 11 filings—with a striking 51% of those filings coming from the battered Oil & Gas/Mining sectors. Economic indicators point to further increases in corporate bankruptcy, in general, and Energy-related filings, in particular. Just a few days into 2016, this viewpoint has already been validated by Arch Coal's long-awaited $8 billion Chapter 11 filing—and continuing oil price plummets severe enough that OPEC will likely convene an emergency meeting to address "shattered" economies. Read More.

Your Financial Security is Serious Business...

so why should you trust The Turnaround Letter?

  • The Turnaround Letter's 15-year returns were 11.0%--vs. S&P's 2.9%
  • 30 Years of Turnaround Investing Experience & Reliable Stock Market Advice
  • 2015's Closed Out Purchase Recommendations Averaged 53% Stock Profit
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Spotlight: Junk Bond Market

stock market advice

MarketWatch's Mark Hulbert recently tapped George's distressed investing expertise to determine the fate of the junk-bond market and what its nearly three-year decline likely means for your portfolio.

 

Hulbert writes, "What’s really going on? For insight, I turned to George Putnam, an expert in distressed-company investing. His Turnaround Letter advisory service has handily beaten the stock market over the past 15 years, according to the Hulbert Financial Digest’s tracking, by an impressive margin of 7.3 percentage points a year on an annualized basis."

 

Commenting on the rapid growth of high-yield exchange traded funds (ETF's), Putnam notes, "They have become the investment vehicle of choice for short-term investors….Those investors tend to be trend followers and, therefore, are just the opposite of being contrarian."

 

Read the full MarketWatch junk-bond article to find out what George thinks these recent indicators likely mean for future distressed investing profit.