GM raises annual targets
The automaker points out that its forecasts include planned capital expenditure of between 10.5 and 11.5 billion dollars, including investments in its battery cell manufacturing joint ventures.
For the first quarter of 2024, it posted adjusted EPS up 18.6% to $2.62 and adjusted EBIT up 1.8% to $3.87 billion, representing a margin down 0.5 points to 9% on revenues up 7.6% to $43 billion.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Go to the original article.
Contact us to request a correction