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GM's profit rises in the fourth quarter, 42.98 billion revenues - Breaking news

2024-01-30T13:21:23.675Z

Highlights: GM's profit rises in the fourth quarter, 42.98 billion revenues. However, operating profit fell by 54% due to the strike called by the metalworkers' union and losses linked to electric vehicles. GM expects a higher profit in light of the decline in losses on electric vehicles and the company's recovery from the long strike that slowed production. (HANDLE) . General Motors closes the fourth. quarter with a profit up 5% to 2.1 billion dollars and revenues stable at 42. 98 billion.


General Motors closes the fourth quarter with a profit up 5% to 2.1 billion dollars and stable revenues at 42.98 billion. (HANDLE)


General Motors closes the fourth quarter with a profit up 5% to 2.1 billion dollars and revenues stable at 42.98 billion.

However, operating profit fell by 54% due to the strike called by the metalworkers' union and losses linked to electric vehicles.


   For 2024, GM expects a higher profit in light of the decline in losses on electric vehicles and the company's recovery from the long strike that slowed production.



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