Workhorse meager earnings no worry for GM
Staff report
LORDSTOWN
Second quarter earnings for potential Lordstown savior Workhorse paint a dire picture of the company, but General Motors insists the numbers aren’t reflective of the group’s financial health.
Sales totaled just $6,000 in the second quarter, according to the group’s SEC filing.
Despite the uninspiring numbers, which amount to about $70 per day, GM corporate spokesperson Dan Flores said that the news has not affected GM’s negotiations with Workhorse.
“Discussions are progressing in a positive way. Our primary focus is on finalizing a deal,” Flores said.
Read more on the matter in Wednesday's Vindicator or on Vindy.com.
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