Economy Country October 22, 2024

General Motors Reports 11.7% Increase in Net Profit

General Motors (GM) reported an 11.7% increase in net profit for the first nine months of the year, reaching $8.969 billion, thanks to strong results in North America and rising revenues.


General Motors (GM) reported an 11.7% increase in its net profit during the first nine months of the year, reaching $8.969 billion. This growth is attributed to the strong results obtained in North America and the increase in the company's revenues.

During the mentioned period, GM experienced positive performance in the North American region, which significantly contributed to its financial results. Additionally, the overall increase in the company’s revenues has been a key factor in the rise of net profit.

In the words of a General Motors representative: "We are pleased to see how our hard work is reflected in these results. The strength of our performance in North America and the continuous growth of our revenues allow us to continue advancing solidly in the market."

GM continues to consolidate its position in the automotive sector, demonstrating solid management and a focus on the continuous improvement of its operations. With these encouraging results, the company is optimistic about the end of the year and is confident in maintaining its positive trend in the near future.