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Automakers

GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat

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GM CEO Mary Barra: "I want to be clear that we are not mistaking progress for winning. Competition is fierce, and the regulatory environment will keep getting tougher." (GM)
LV
By:
Lindsay VanHulle
October 22, 2024 10:30 AM

General Motors raised its earnings guidance for a third time this year after posting third-quarter results showing net income largely unchanged at $3.1 billion (all figures in USD) but pretax earnings up nearly 16 per cent.

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