GM reports a $3 billion quarterly profit
General Motors overcomes US sales drop and China losses to post quarterly profit of $3 billion
U.S. sales are down and a once-reliably profitable joint venture in China is losing money, but General Motors still managed to post a third quarter profit of $3 billion Tuesday, slightly less than it made a year ago.
Fueled by the strength of its internal combustion engine (“ICE”) business which accounts for over 80% of its U.S. business, ...
GM earnings topped expectations and sent shares surging, thanks to strong truck sales and a turnaround in China.
General Motors reported much stronger than expected third-quarter earnings and gave an outlook that puts it on the path for ...
It also helped that the comparison is against the year-ago quarter when GM experienced some higher costs from the UAW strike, ...
GM CEO Mary Barra attributed the company's Q3 earnings results to "above-average pricing, well-managed inventories and ...
General Motors outperformed Wall Street’s third-quarter expectations, raising its 2024 earnings and cash flow forecasts.
General Motors Co. signaled solid US demand for its highest-margin vehicles even as the broader market softens, posting ...
For the first time, sales of GM's new energy vehicles, or NEVs, surpassed sales of internal combustion engine vehicles in ...
Mary Barra is sounding the alarm. GM’s CEO warned that China’s escalating EV price war is putting automakers globally ...
General Motors Co. sold more electric vehicles and plug-in hybrids than conventional gasoline cars in China for the first ...
Shares of automotive manufacturer General Motors (NYSE:GM) jumped 9.2% in the afternoon session after the company reported ...
Investor's Business Daily on MSN9h
GM Earnings Jump, Market Share Rises, But Mixed News From ChinaA statement from GM CEO Mary Barra said the company had raised its retail marketshare to 16.3%, up a half percentage point.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback