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We compiled GMNA's sales revenues, pre-tax net incomes, and two-shift rated capacity utilization ratios for fiscal years 2002 through 2008 from GM press releases reporting the unaudited annual results.
We also extracted GMNA's pro-forma income statements for fiscal years 2002 through 2008 from GM's press releases, which revealed that GMNA lost about $27.5 billion during that time.
Over the period of fiscal years 2002 through 2008, GMNA's total operating income, i.e., sales revenue less the cost of resources used to earn the sales revenue, was about $4.4 billion, whereas its cost of idle capacity over the same period was about $32 billion.
GMNA's annual fixed costs from 2002 through 2008 ranged from $29 billion to $40 billion.
And as GM Vice Chairman, Product Development and Chairman, GM North America Bob Lutz exclaims, "Gary Cowger is a complete automotive executive, trained and honed his whole life for what he is now doing: leading one of the world's largest automotive entities, GMNA. Although his special expertise lies in manufacturing, his instincts in marketing and product are outstanding.
ASTM D-6147, ISO 3384, GMNA 3922 TP and Ford FLTM BP 116-02 provide the general guidelines for performing CSR measurements on rubber compounds.
Griffiths and Winters (1997) find that rates decline on Fridays in both government repos and Government National Mortgage Association (GMNA) repos.
Mortgage brokers and mortgage bankers who are not GMNA issuers have to find investors that are active in the 203(k) market, a more limited market.
Reports Q1 2018 global deliveries of 2.1 million units, up 0.1 million Y-O-Y, driven by increased volume in GMNA and GMI.
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