GM Significant decrease in profits Auto industry continues to be harsh with new Corona 7:00 on May 7
As a result of GM (General Motors), a major American automobile manufacturer, the results until March barely secured a profit. However, as the new coronavirus continues to be affected by a drastic decrease of 86% in profit compared to the same period of the previous year, it seems that the automobile industry will continue to face a difficult environment.
GM announced on the 6th, sales from January to March were 32.7 billion dollars, or 3,460 billion yen in Japanese yen, down 6% from the same period of the previous year.
This is mainly due to the fact that the number of sales in the Asian region, including China, where the new coronavirus infection spread the earliest was the fastest, dropped by nearly 40%. did.
As a result, profit during the period was 294 million dollars, and the Japanese yen was 31.1 billion yen, a significant decrease of 86%.
American auto giants barely made a profit while Ford and Fiat Chrysler were in the red, but in the second quarter from April, a significant decrease in sales is expected in the main North American market It has been.
Each manufacturer plans to restart production one after another this month, but with a lot of employment, each company is trying hard to secure cash on hand, and it seems that the difficult business environment will continue.