{"id":241991,"date":"2023-04-24T10:14:41","date_gmt":"2023-04-24T14:14:41","guid":{"rendered":"https:\/\/www.thedetroitbureau.com\/?p=241991"},"modified":"2023-04-24T10:19:47","modified_gmt":"2023-04-24T14:19:47","slug":"week-ahead-counting-cash-talking-april-sales","status":"publish","type":"post","link":"https:\/\/thedetroitbureau.com\/2023\/04\/week-ahead-counting-cash-talking-april-sales\/","title":{"rendered":"Week Ahead: Counting Cash, Talking April Sales"},"content":{"rendered":"\n<p>This week we\u2019ll get some more financial results from automakers, as General Motors reports its Q1 earnings Tuesday morning.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image is-style-image-1-3\"><figure class=\"alignright size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"655\" src=\"https:\/\/www.thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3-1024x655.jpeg\" alt=\"Line of New Vehicles For Sale\" class=\"wp-image-215685\" srcset=\"https:\/\/thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3-1024x655.jpeg 1024w, https:\/\/thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3-400x256.jpeg 400w, https:\/\/thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3-768x491.jpeg 768w, https:\/\/thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3-1536x982.jpeg 1536w, https:\/\/thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3-300x192.jpeg 300w, https:\/\/thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3-398x254.jpeg 398w, https:\/\/thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3-812x519.jpeg 812w, https:\/\/thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3-1226x784.jpeg 1226w, https:\/\/thedetroitbureau.com\/wp-content\/uploads\/2021\/12\/Car-Sales-3.jpeg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>Automakers have drastically cut incentive spending, leading to higher prices.<\/figcaption><\/figure><\/div>\n\n\n\n<p>Last year, the company reported net income of $2.9 billion on revenue of $36 billion for the first quarter, and analysts are expecting better of the company this year when it comes to revenue.<\/p>\n\n\n\n<p>However, when it comes to earnings results the group is predicting a slight decline this year with the first quarter earnings per share dipping nearly 25% on a year over year basis.&nbsp;<\/p>\n\n\n\n<p>That said, the analysts at Zacks Equity Research suggest that GM may offer a bit of a surprise.<\/p>\n\n\n\n<p>They note GM has topped Zacks estimates each of the last two quarters, by an average of 22.6%. So perhaps CEO Mary Barra and the rest of the gang have another surprise coming. Ford and Stellantis don\u2019t report their first quarter results until May 2 and 3 respectively.<\/p>\n\n\n\n<p>Keeping with the focus on numbers, we\u2019ll also take a closer look at what to expect for new and used vehicle sales in April. New vehicle sales rose last month, and early predictions suggest another uptick is in order.&nbsp;<\/p>\n\n\n\n<p>Finally, we\u2019ll have a slate of new vehicle reviews including the all-electric Mercedes EQS sport-utility vehicle, BMW 330i, Hyundai Santa Fe and more. Naturally, we\u2019ll be on top of news as it breaks.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week we\u2019ll get some more financial results from automakers, as General Motors reports its Q1 earnings Tuesday morning. Find out what else we\u2019ll be covering this week at TheDetroitBureau.com.<\/p>\n","protected":false},"author":12,"featured_media":12485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[5,7,8,1908,1347,9],"tags":[10631,5869,10632,1185,2011],"make":[],"post-state":[],"category_old":[],"acf":[],"_links":{"self":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/241991"}],"collection":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/comments?post=241991"}],"version-history":[{"count":3,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/241991\/revisions"}],"predecessor-version":[{"id":241994,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/241991\/revisions\/241994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media\/12485"}],"wp:attachment":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media?parent=241991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/categories?post=241991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/tags?post=241991"},{"taxonomy":"make","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/make?post=241991"},{"taxonomy":"post-state","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/post-state?post=241991"},{"taxonomy":"category_old","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/category_old?post=241991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}