Timbrook Buick GMC is announces that GM ended 2012 on a strong note, posting a net income of $4.9 Billion.
General Motors Co. recently announced that in the 2012 calendar year they had a net income attributable to common stockholders of $4.9 billion. This makes each fully diluted share about $2.92 per share.
“We recorded another solid year in 2012 as we grew the business, delivered a third straight year of profitability and took significant actions to put the company on a solid path for future growth.” said Dan Akerson, chairman and CEO. “This year our priorities will be executing flawless new vehicle launches, controlling costs and delivering more vehicles to our customers at outstanding value.”
GM closed out 2012 with a strong fourth quarter, posting an EBIT (Earnings Before Interest and Tax) of approximately $1.2 billion. This is up 14% from quarter 4 of 2011, when they posted an EBIT of approximately $1.1 billion.
Timbrook Buick GMC is proud to be a part of the GM family, and will continue to work towards helping the company grow by focusing on keeping our customers as satisfied as possible. Come in today and see why Timbrook Buick GMC and GM are continuing to grow.
About Timbrook Buick GMC
Offering a vast selection of new Buick and GMC cars, trucks, crossovers, and SUVs, Timbrook Buick GMC is regarded as the number one dealer in the area for quality vehicles and customer service. On the lot, customers will find everything from the hardworking, award-winning Sierra 1500 to the versatile and luxurious Encore. In addition, Timbrook Buick GMC houses a massive inventory of certified pre-owned inventory, as well as service and parts departments run by trained experts in automotive repair. For the latest sales and serve specials, please visit http://timbrookgmc.com.