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Old 02-18-2009, 10:06 AM   #14
Xanthos
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Join Date: Mar 2008
Location: Oklahoma
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Ok - here's the numbers, since Wagoner became CEO. If you don't want to read through them all, the main point is that GM has been cutting costs steadily since Wagoner became CEO, with only 1 year as an exception. Q4 earnings for 2008 haven't been posted yet that I can find - if somebody else knows them, feel free to send them to me and I'll update this post accordingly. For those who want to know why I included two average unit costs, the first is the cost for the year in question (say, 2004 for example) and the second is that price adjusted to 2001 levels, so inflation is not a variable.

Year - Total Costs - Total Global Sales - Average Unit Cost - Adjusted Unit Cost

2001 - 175.8 billion - 8.1 million - 21,794 - 21,794
2002 - 185.1 billion - 8.7 million - 21,276 - 20,943
2003 - 183.8 billion - 8.6 million - 21,372 - 20,571
2004 - 189.4 billion - 8.99 million - 21,068 - 19,749
2005 - 196 billion - 9.17 million - 21,374 - 19,379
2006 - 204.8 billion - 9.09 million - 22,530 - 19,786
2007 - 178.9 billion - 9.37 million - 19,093 - 16,303


Any questions?
- Xanthos
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