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GM Bumps Up Q3 Results Prior To Election Day
by
Derek Kreindler
(IC: employee)
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
More by Derek Kreindler
Published September 7th, 2012 11:24 AM
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In order to move the political needle, the only thing GM could report then is their intent to repay the taxpayers' money.
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!
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.
Nobody noticed the date is Halloween? Boo!