We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors, both positive and negative. FORT WORTH, Texas--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $173 million for the quarter ended June 30, 2020… YOU ACKNOWLEDGE THAT ANY RELIANCE ON ANY SUCH OPINION, ADVICE, STATEMENT, MEMORANDUM, OR INFORMATION SHALL BE AT YOUR SOLE RISK. THIS WEB SITE (THE "SITE") IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. GM's … Asiana reported a ₩115.1 billion ($96.9 million) profit in the same quarter, with revenue falling 45%. These results illustrate the resiliency and earnings power of the business as we make the critical investments necessary for our future,” said GM CFO Dhivya Suryadevara. If you access this Site from outside the United States, you do so on your own initiative and you are responsible for compliance with all applicable local laws. …..or maybe someday there won’t be a global pandemic and high unemployment. THE INFORMATION CONTAINED HEREIN MAY CONTAIN INACCURACIES AND TYPOGRAPHICAL ERRORS. The linked sites are not under the control of GM and GM is not responsible for the content of any linked site or any link contained in a linked site. Want to see your GM ride featured on GM Authority? General Motors is posting huge third quarter numbers, pulling in $4 billion in profit over three months after losing money due to the virus outbreak. For around-the-clock GM news coverage. GM cautions readers not to place undue reliance on forward-looking statements. GM Finance Communications Refreshed 2021 Chevrolet S10 Officially Launches In Brazil, GM Q3 2020 Earnings: $4 Billion Income On $35.5 Billion Revenue, GM Investing $2 Billion Into Spring Hill Plant To Build Cadillac Lyriq, General Motors Sells Credit Card Business For $2.5 Billion. According to Korean Investors, falling cargo prices could see profits reduce next quarter. GM MAY MAKE ANY OTHER CHANGES TO THIS SITE AND THE INFORMATION CONTAINED IN THIS SITE AT ANY TIME WITHOUT NOTICE. Our actual results may differ materially from forward-looking statements due to a variety of factors, including: (1) our ability to deliver new products, services and experiences that attract new, and are desired by existing, customers and to effectively compete in autonomous, ride-sharing and transportation as a service; (2) sales of crossovers, SUVs and full-size pick-up trucks; (3) our ability to reduce the costs associated with the manufacture and sale of electric vehicles; (4) the volatility of global sales and operations; (5) our significant business in China which subjects us to unique operational, competitive and regulatory risks; (6) our joint ventures, which we cannot operate solely for our benefit and over which we may have limited control; (7) changes in government leadership and laws (including tax laws), economic tensions between governments and changes in international trade policies, new barriers to entry and changes to or withdrawals from free trade agreements, changes in foreign exchange rates, economic downturns in foreign countries, differing local product preferences and product requirements, compliance with U.S. and foreign countries' export controls and economic sanctions, differing labor regulations and difficulties in obtaining financing in foreign countries; (8) our dependence on our manufacturing facilities; (9) the ability of suppliers to deliver parts, systems and components without disruption and on schedule; (10) prices of raw materials; (11) our highly competitive industry; (12) the possibility that competitors may independently develop products and services similar to ours despite our intellectual property rights; (13) security breaches and other disruptions to our vehicles, information technology networks and systems; (14) compliance with laws and regulations applicable to our industry, including those regarding fuel economy and emissions; (15) costs and risks associated with litigation and government investigations; (16) compliance with the terms of the Deferred Prosecution Agreement; (17) the cost and effect on our reputation of product safety recalls and alleged defects in products and services; (18) our ability to successfully and cost-efficiently restructure operations in various countries with minimal disruption; (19) our ability to realize production efficiencies and to achieve reductions in costs; (20) our ability to develop captive financing capability through GM Financial; and (21) significant increases in pension expense or projected pension contributions. GM Q2 2020 sales in the U.S. – by far GM’s most profitable region – declined about 34 percent compared to a year ago. GM Authority review of the 2021 Chevy Trailblazer. Journalists who wish to listen to the call may dial in using the following numbers: General Motors (NYSE:GM) is committed to delivering safer, better and more sustainable ways for people to get around.
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