GM's North American Operations Drive Strong Q2 Performance, Fueled by Truck Sales

Benzinga

GM reported revenue and adjusted earnings per share for the second quarter, exceeding analyst estimates. The auto giant raised several financial targets for 2024.

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00:00It's Benzinga, and here's what's on the block.

00:02GM reported revenue and adjusted earnings per share for the second quarter, exceeding

00:06analysts' estimates.

00:08The auto giant raised several financial targets for 2024.

00:12GM is indefinitely pausing production of its cruise-origin autonomous vehicle and restructuring

00:17its China joint venture amid ongoing losses.

00:20GM's North American operations, primarily fueled by truck sales, contributed to the

00:24company's performance.

00:26The division maintained strong pricing on vehicles and reported a substantial increase

00:30in adjusted earnings and an improved profit margin from the previous year.

00:33To all things money, visit Benzinga.com.

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