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GM reports a $3 billion quarterly profit
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 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.
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.
General Motors Q3 earnings on deck
General Motors (GM) Q3 2024 Earnings Call Transcript
Operator instructions] As a reminder, this conference call is being recorded Tuesday, October 22nd, 2024. I would now like to turn the conference over to Ashish Kohli, GM's vice president of investor relations.
Here's What Key Metrics Tell Us About General Motors (GM) Q3 Earnings
For the quarter ended September 2024, General Motors (GM) reported revenue of $48.76 billion, up 10.5% over the same period last year. EPS came in at $2.96, compared to $2.28 in the year-ago quarter.
General Motors Q3 earnings on deck: What to expect
General Motors (GM) is expected to report promising Q3 earnings fueled by market share gains in ICE and EV segments, showcasing sustained growth potential.
Marketplace
1h
The keys to GM’s Q3 success: Cheaper cars, lower rates and EV sales
The automaker's stock is creeping back up to pandemic highs. But can GM compete with Chinese carmakers in the EV market?
26m
on MSN
GM Reports Q3 Revenues Of Nearly $49 Billion, Chevy Equinox Appears To Be A Hit
General Motors has released their third quarter results and investors were loving it as the company’s stock shot up nearly 10 ...
5h
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.
Money Morning
2h
Three Stocks: General Motors, GE Aviation, and Verizon
Shares of General Motors ( GM) rallied more than 9% on Tuesday are the company’s better-than-expected earnings results. GM ...
8h
on MSN
GM Stock Soars on Q3 Results, Outlook Raise
General Motors posted better-than-expected third-quarter profit and sales as it kept prices steady and controlled costs.
4h
GM CFO: We are driving toward EV profits
GM CFO Paul Jacobson told Yahoo Finance on Tuesday the company is eyeing $2 billion to $4 billion of additional improvements ...
autobodynews
3h
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 ...
5h
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 ...
Detroit News
3h
GM to shutter cold-weather testing grounds in Ontario
General
Motors
Co. is closing its cold-weather testing grounds in Ontario, the automaker's Canada team confirmed this ...
1h
S&P 500 Gains and Losses Today: GM Stock Pops as EVs and SUVs Drive Earnings Beat
The S&P 500 slipped by less than 0.1% on Tuesday, Oct. 22, as the markets digested a mixed bag of corporate earnings reports.
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