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MarketScreener Homepage  >  Equities  >  Nyse  >  General Motors Company    GM

GENERAL MOTORS COMPANY

(GM)
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Beijing Autoshow: Great Wall to boost overseas sales, countering overall drop

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09/28/2020 | 12:31pm EDT
Beijing International Automotive Exhibition, or Auto China show

Great Wall Motor aims to boost overseas sales this year, an official at China's top pickup truck maker said on Saturday, helping to ease an overall drop caused by COVID-19.

The company plans to sell 70,000 vehicles outside China, up from 65,000 last year, Sun Guang, vice general manager at Great Wall's international marketing department, told reporters at the Beijing International Automotive Exhibition 2020.

Great Wall earlier this year forecast overall sales would fall to 1.02 million vehicles this year from last year's sales of 1.06 million units.

International sales make up around 7% of Great Wall's overall sales, and Great Wall plans to increase that gradually, Sun said.

Sun said the Baoding-based automaker plans to start building vehicles in Thailand and India next year, but did not offer detail. Great Wall said earlier this year that it would buy two plants in these countries from General Motors.

The company also plans to sell cars in the European Union.

(Reporting by Yilei Sun and Norihiko Shirouzu; Editing by William Mallard)


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Financials (USD)
Sales 2020 119 B - -
Net income 2020 2 127 M - -
Net cash 2020 2 168 M - -
P/E ratio 2020 18,3x
Yield 2020 1,12%
Capitalization 48 786 M 48 786 M -
EV / Sales 2020 0,39x
EV / Sales 2021 0,27x
Nbr of Employees 164 000
Free-Float 92,7%
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Technical analysis trends GENERAL MOTORS COMPANY
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 41,71 $
Last Close Price 34,09 $
Spread / Highest target 90,7%
Spread / Average Target 22,3%
Spread / Lowest Target -20,8%
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Managers
NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Mark L. Reuss President
John Stapleton Chief Financial Officer
Randall D. Mott Chief Information Officer
Matthew Tsien Chief Technology Officer & Executive VP
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