GM Bumps Up Q3 Results Prior To Election Day

Derek Kreindler
by Derek Kreindler

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.


Derek Kreindler
Derek Kreindler

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  • SCE to AUX SCE to AUX on Sep 07, 2012

    In order to move the political needle, the only thing GM could report then is their intent to repay the taxpayers' money.

    • See 5 previous
    • Golden2husky Golden2husky on Sep 08, 2012

      @Astigmatism As my late mother said when we were kids, those with nothing to bring to the table resort to childish names. No surprise on GM though. Blue or Red state, political payback is always the same....

  • Beerboy12 Beerboy12 on Sep 07, 2012

    It seems like the implication would be that GM has some good news to report and the announcement date is politically inspired. Not that, that would be wise to even speculate on. Come on little troll, come on out, you know you want it!

  • PintoFan PintoFan on Sep 07, 2012

    Ford Motor reported it's Q3 earnings on October 26 last year. http://seekingalpha.com/article/302387-ford-motor-s-ceo-discusses-q3-2011-results-earnings-call-transcript More click-trollbait for the disingenuous and the paranoid.

    • John Rosevear John Rosevear on Sep 09, 2012

      Ford nearly always reports during the last week of the month after quarter-end. GM normally reports a week or two later, early in the following month. It is indeed atypical for them to move up the date. Whether it means anything noteworthy or not is another question.

  • Lorenzo Lorenzo on Sep 09, 2012

    Nobody noticed the date is Halloween? Boo!

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