GM reported pretax income rose 15.5% and revenue shot up 10% as it held its average prices high and costs in check. But there ...
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General Motors reported Tuesday that its third-quarter revenue and pretax profits rose from the same period a year ago as GM has continued to whittle down costs and hold prices steady while demand ...
During the strike, the UAW’s slogan on the picket lines was that record profits should result in a record contract. The deal included the largest wage increases ever won by the union at GM.
GM's Q3 revenue was also 10.5% higher than a year ago. The company booked adjusted earnings per share of $2.96, far outstripping expectations of $2.44. It reported EBIT-adjusted profit of $4.115 ...