On Thursday, General Motors reported first-quarter earnings for 2015. They were disappointing: adjusted EPS came in at $0.86. Wall Street expected $0.97. Revenue was $35.7 billion, versus $37.4 billion for the same quarter in 2014. “Our results in the first quarter provide a solid foundation to achieve our financial commitments for the year,” GM CEO Mary Barra said in a statement. Europe and South America continued to be weak markets for the automaker. The North American market, however, delivered good results for the company, which continues to endure headwinds related to its massive ignition switch recall. GM also …read more
Source: Business Insider
