GM Shares Surge Following Strong Quarterly Earnings
General Motors shares skyrocketed by 9% during early trading on Tuesday after the company reported a surge in profit for the fourth quarter. Profits for the quarter hit $3.8 billion, beating estimates of $3.2 billion. Full year profits hit $14.5 billion, thereby landing at...
General Motors CEO on China: “We Still Think There’s Tremendous Opportunity There”
Automaker General Motors still thinks they can have great success in China despite recent obstacles related to the country’s strict COVID-19 rules and supply issues.
Speaking at a recent All Markets Summit, GM’s CEO Mary Barra expressed optimism that the company can bounce back to...
General Motors Set to Outsell Toyota in the Second Quarter
The sales of new vehicles and cars in general in the United States have been slumping in recent weeks amid high prices. However, even in these rough times, General Motors is seemingly rising itself above the competition and recouping its place as America's favorite...