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GM reports a $3 billion quarterly profit
GM reports a $3 billion quarterly profit despite US sales drop, China losses and its stock surges
U.S. sales are down and a once-profitable joint venture in China is losing money, but General Motors still managed to post $3 billion in net profits last quarter.
GM reports a $3 billion quarterly profit despite US sales drop, China losses
The Detroit automaker reported $48.8 billion in revenue from July through September, 10 percent more than last year, aided by US average vehicle sale prices that were steady with last quarter at over $49,
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.
GM posts $3B third-quarter profit despite China losses
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.
14h
on MSN
GM’s profit nears a record a year after saying it couldn’t afford its workers’ pay demands
General Motors reported much stronger than expected third-quarter earnings and gave an outlook that puts it on the path for ...
7h
on MSN
4 reasons GM is crushing it right now
GM earnings topped expectations and sent shares surging, thanks to strong truck sales and a turnaround in China.
Investor's Business Daily on MSN
7h
GM Earnings Jump, Market Share Rises, But Mixed News From China
A statement from GM CEO Mary Barra said the company had raised its retail marketshare to 16.3%, up a half percentage point.
4h
on MSN
GM reports Q3 pretax profits rose 15.5% on strong prices, cost discipline
It also helped that the comparison is against the year-ago quarter when GM experienced some higher costs from the UAW strike, ...
autobodynews
5h
GM Profits Soar Amid UAW Pay Hikes, Despite China Decline
GM CEO Mary Barra attributed the company's Q3 earnings results to "above-average pricing, well-managed inventories and ...
10h
GM raises guidance for third time after beating Q3 estimates—what’s driving the success?
General Motors outperformed Wall Street’s third-quarter expectations, raising its 2024 earnings and cash flow forecasts.
11h
on MSN
GM’s Stock Soars on Steady Profits, Rosier Full-Year Outlook
General Motors Co. signaled solid US demand for its highest-margin vehicles even as the broader market softens, posting ...
Automotive News
12d
GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time
In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an ...
Electrek
5d
GM CEO warns China’s EV price war is a ‘race to the bottom’ despite push for affordability
Mary Barra is sounding the alarm. GM’s CEO warned that China’s escalating EV price war is putting automakers globally ...
7h
General Motors (GM) Stock Trades Up, Here Is Why
Shares of automotive manufacturer General Motors (NYSE:GM) jumped 9.2% in the afternoon session after the company reported ...
12d
GM China’s EV, Hybrid Sales Top Gasoline Cars for First Time
General Motors Co. sold more electric vehicles and plug-in hybrids than conventional gasoline cars in China for the first ...
AFP on MSN
10h
Strong auto prices lift GM results as it eyes China revamp
General Motors reported strong earnings Tuesday on robust pricing as the Detroit giant said it was hopeful about returning to ...
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