Net Income, Automaker | featured news

GM reports $1 billion Q1 profit, beating estimates

GM (GM) posted a profit of $1 billion in the first quarter, beating Wall Street expectations on strong demand in its key North American market. GM also said the U.S. economy was improving and it expected its core North American results in the second and third quarters to largely match the first quarter due to scheduled downtime at its large truck plants.

 

Subscribe to this RSS topic: Syndicate content