US sales boosted GM income in July-Sept

By Associated Press

Oct 26, 2022 12:14 am

DETROIT, Michigan: General Motors' (GM) net profit rose 36.7 percent in the third quarter as vehicle sales began to rebound from persistent parts supply chain troubles.

The Detroit, Michigan-based automobile maker on Tuesday reported earnings of $3.3 billion in July to September, compared with $2.42 billion a year earlier.

General Motors Chairman and Chief Executive Officer Mary Barra speaks during the launch of the Cadillac Celestiq electric sedan in Los Angeles, California on Oct. 17, 2022. AFP PHOTO

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

WTO slightly raises 2024 goods trade forecast

Boeing files unfair labor practice against union

China must do its part to solve trade row – EU

Stellantis says CEO will retire in 2026

South Korea's central bank cuts rates

TikTok cuts jobs in Malaysia

Musk unveils robotaxi, pledges it 'before 2027'