Tuesday, October 22, 2024

The 13 Michigan Auto Industry Cos With Stock Market Caps Above $500 Mil Saw Their Total Audited Annual Earnings Increase By a Blistering Average of 57% Per Year During the First Three Full Years of the Biden/Harris Admin. Then These Cos Total Audited Earnings Decreased By a Very Disappointing Average of 13% Per Year During the Trump/Pence Admin's Four Years in Office. And Then in the 8 years of the Obama/Biden Administration, These Cos Generated Total Audited Earnings Improvement of a Massive $63.2 Bil, Which Even Excluded Chrysler's Total Audited Loss in 2008 of Another $16.8 Bil.

From a review of predominately companiesmarketcap.com, of Largest American Companies By Market Capitalization, of Company SEC filings in the SEC website and of Value Today, there were 13 Michigan Auto Industry Companies with stock markets caps of above $500 Mil in mid-October 2024.  

From Company financial statements contained in the SEC website and in a Company's Investor Relations website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these 13 Michigan Auto Industry Companies for FYE 2023, the Biden/Harris Administration's third full year in office, for FYE 2020, the Trump/Pence Administration's last year in office, for FYE 2016, the Obama/Biden Administration's last year in office and for FYE 2008, the Bush/ Cheney Administration's last year in office.