General Motors Company operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares General Motors Company with three other
automobile manufacturers in North America:
Ford Motor Company
(2020
sales of $127.14 billion
of which 91%
was Automotive),
Magna International Inc
of CANADA
(43.72 billion Canadian Dollars [US$34.45 billion]
of which 42%
was Body Exteriors and Structures), and
Honeywell International Incorporated
($32.64 billion
of which 35%
was Aerospace Systems).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at General Motors Company totalled
$34.17 billion.
This is
an increase of 103.6%
from the $16.78 billion in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at General Motors Company in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled $66.64 billion, which is
34.7% higher
than through the first two quarters of 2020.
General Motors Company reported sales of $122.49 billion
for the
year ending
December of 2020.
This
represents
a
decrease of 10.7%
versus 2019, when the company's sales were $137.24 billion.
Contributing to the drop in overall sales was the 28.1% decline
in Gmi, from $16.11 billion to $11.59 billion.
There were also decreases in sales in
Gmna (down 9.1% to $96.73 billion)
and
Gm Financial (down 5.0% to $13.83 billion)
.
However, these declines were partially offset by the increase in sales of
Gm Cruise (up 3.0% to $103.00 million)
and
Corporate and Other (up 59.1% to $350.00 million)
.