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GM Sees Q3 Profits Turnaround, Gains Market Share For SUVs And Pickups

GM Sees Q3 Profits Turnaround, Gains Market Share For SUVs And Pickups. By Manan Bhavnani 10/03/22 AT 5:38 PM EDT. read more

GM’s Stock Soars on Steady Profits, Rosier Full-Year Outlook

The carmaker’s shares rose 11% — the biggest jump in nearly a year — to $54.11 as of 2:32 p.m. in New York, the highest on an intraday basis since early Feb. 2022. read more

Strong Sales for Gas Trucks, SUVs, Boost GM Profits

General Motors (GM) is reporting a significant increase in profits for the first quarter of 2024, on the back of strong sales for its gas-powered vehicles.. According to numbers released by GM April ... read more

GM reports rise in Q3 profits, boosting its full year outlook

On Oct. 1, GM reported a 2.2% decline in U.S. new vehicle sales in the third quarter as sales of its Chevrolet pickups, particularly to fleet customers, came in lower than the year-ago period ... read more

Here's How Much Profit GM Makes On Full-Size Trucks And SUVs - GM Authority

GM has the potential to earn as much as $7.5 billion in profit from sales of ICE-powered trucks and SUVs through 2035, or more than $10,000 per vehicle. read more

GM, Ford, Stellantis see profits despite challenges

GM's average transaction price increased 5 percent to $50,261, according to Cox Automotive. Stellantis' average jumped 12 percent to $54,065, and Ford's climbed nearly 10 percent to $51,995, Cox said. read more

Auto industry sees ‘affordability shift’ | Northwest Arkansas ...

At General Motors' Chevrolet brand, executives had foreseen the shift away from "uber expensive" vehicles and were prepared with the redesigned Trax, which came out in the spring of 2023, noted ... read more

GM cutting another 1,000 jobs despite growing profits. Here's why

GM has relied on a strong North American market while it struggles in China amid increasing domestic competition and changing consumer behavior there. GM has lost $329 million in China this year. read more

Auto industry sees ‘affordability shift’ | The Arkansas Democrat ...

At General Motors' Chevrolet brand, executives had foreseen the shift away from "uber expensive" vehicles and were prepared with the redesigned Trax, which came out in the spring of 2023, noted ... read more