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.
Customers paid an average of $6,000 more for new cars than the models they replaced, GM CEO Mary Barra said on an earnings ...
General Motors reported much stronger than expected third-quarter earnings and gave an outlook that puts it on the path for ...
The Buick GL8 is a luxury minivan available exclusively in China. Should General Motors bring it to the U.S. to make the ...
GM reported pre-tax income rose 15.5% and revenue shot up 10% as it held its average prices high and costs in check. But ...
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.
In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an ...
Mary Barra is sounding the alarm. GM’s CEO warned that China’s escalating EV price war is putting automakers globally ...
For the first time, sales of GM's new energy vehicles, or NEVs, surpassed sales of internal combustion engine vehicles in ...
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 ...
Fueled by the strength of its internal combustion engine (“ICE”) business which accounts for over 80% of its U.S. business, ...
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