Filed under: Earnings/Financials,Buick,Cadillac,Chevrolet,GM,GMC
General Motors said Thursday that higher prices for popular pickup trucks and SUVs helped overcome slowing global sales and profit rose by 1% in the second quarter. Adjusting for restructuring costs, GM made $1.64 per share, blowing by analyst estimates of $1.44. Global sales fell 6% to 1.94 million vehicles led by declines in North America and Asia Pacific, Middle East and Africa.
Continue reading GM earnings rise 1% as buyers pay more for popular pickups
GM earnings rise 1% as buyers pay more for popular pickups originally appeared on Autoblog on Thu, 1 Aug 2019 15:52:00 EDT. Please see our terms for use of feeds.
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