Americans paid more for some General Motors vehicles in the first quarter, but overall sales declined and the automaker's results fell short of expectations. GM delivered more than 665,000 vehicles in the U. S. with the highest average prices for...
General Motors posted an $8. 1 billion net profit for 2018, fueled by better prices for vehicles sold in the U. S. , its most lucrative market. It's a strong rebound from the previous year when the company lost $3...
General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. Shares jumped nearly 9 percent in midday trading. CEO Mary Barra also says...
President Donald Trump is calling attention to an auto industry boom that doesn't exist. In a tweet Thursday slamming General Motors for plans to lay off workers, Trump wrote that auto companies "are pouring into the U. S. " and...
Even with auto sales beginning to ebb in the U. S. , China and elsewhere, General Motors posted a strong third-quarter profit, blowing past Wall Street expectations on rising prices in North America and surprising resilience in China. GM reported...
General Motors says it will stop reporting its sales figures every month and instead will post the numbers each quarter.The move could prompt other automakers to make the same change. Currently nearly all U.S. automakers report sales monthly.GM says 30...
A $7.3 billion accounting charge pushed General Motors into a $3.9 billion net loss for 2017, but without the expense the company posted record per-share earnings.Excluding one-time items, GM made a $9.9 billion profit, or $6.62 per share, the highest...