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General Motors reported much stronger than expected third-quarter earnings and gave an outlook that ... Its new guidance suggests that the full-year earnings will now top the record profit of 2022.
Shares of General Motors surged almost 10% Tuesday after the automaker posted a $3 billion third-quarter profit, slightly less the same period a year ago. GM's stock closed up 9.8% at $53.73, the ...
General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac, each a separate division of GM.
2022 29 September 2022 $99.803 $112.22 5 Apple: Consumer electronics United States: 2021 29 September 2021 $94.68 [5] $106.46 6 Saudi Aramco Oil and gas Saudi Arabia: 2019 31 December 2019 SAR 330.7 [6] $105.09 7 Berkshire Hathaway: Conglomerate United States: 2021 31 December 2021 $89.8 [7] $100.97 8 Berkshire Hathaway Conglomerate United ...
General Motors continues to find ways to return value to shareholders, including a recent move. ... More specifically, in 2022 GM paid $300 million in dividends and repurchased $2.5 billion, for a ...
Profits (USD millions) 1 Apple: Electronics 96,995 2 Berkshire Hathaway: Conglomerate 96,223 3 Alphabet: Technology 73,795 4 Microsoft: Technology 72,361 5 JPMorgan Chase: Financials 49,552 6 Meta Platforms: Technology 39,098 7 ExxonMobil: Petroleum industry 36,010 8 Johnson & Johnson: Pharmaceutical industry 35,153 9 Amazon: Retail/Technology ...
For the full year, the company reported profits of $14.5 billion, near the high end of its forecast. Here is how GM performed compared to Wall Street estimates: Net Sales: $43.1 billion vs. $40 ...
General Motors invested $800 million to produce the Zevo 600 in the CAMI Assembly manufacturing facility in Ingersoll, Ontario. [6] In 2022, CEO Travis Katz shared as part of GM's Investor day that the company was on track to generate $1 billion in revenue in 2023. [7] [8]