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