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GM posts $3B third-quarter 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-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 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,
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.
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.
Legit on MSN
2d
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 ...
Automotive News
1d
GM sees China red ink grow in Q3 amid extended sales slump
GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, ...
USA Today
1d
GM 'paying careful attention' to presidential candidates' policies — especially tariffs
"With a majority of auto parts coming from
China
, automotive supply chains will be affected." On Tuesday, just hours after ...
2d
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 ...
2d
4 reasons GM is crushing it right now
GM's earnings topped expectations and sent shares surging, thanks to strong truck sales and a turnaround in China.
2d
GM reports Q3 pretax profits rose 15.5% on strong prices, cost discipline
GM reported pretax income rose 15.5% and revenue shot up 10% as it held its average prices high and costs in check. But there ...
1d
GM's Q3 results outpace expectations, automaker ups yearly guidance for third time
We are not mistaking progress for winning. The competition is fierce, and the regulatory environment will keep getting ...
21h
Impressive Results From GM Are A Boost Of Confidence
GM exceeded expectations with Q3 results, driving an 80% share price increase. Despite a lagging EV market, sales surged.
2d
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.
3d
on MSN
GM raises 2024 earnings guidance after easily topping Wall Street's third-quarter expectations
GM easily outperformed Wall Street's third-quarter earnings expectations, leading the Detroit automaker in raising key ...
autobodynews
2d
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 ...
1d
on MSN
SUV/Truck Margins, Higher EV Production Rates Bolster Q3 for GM
GM delivered 32,000 EVs in the US in Q3, returning it to second place in the segment after Tesla. It claims EV incentives 11 ...
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