GM says earnings jump 72pc, cites improving auto demand in US, China | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

NEW YORK, Nov 5 — General Motors reported a jump in third-quarter earnings today as the auto giant cited strong recoveries in the US and China following a big sales hit amid the coronavirus pandemic. GM scored a 72 per cent increase in profit to US$4.0 billion (RM17 billion) from the year-ago...

Thursday, 05 Nov 2020 09:41 PM MYT

NEW YORK, Nov 5 — General Motors reported a jump in third-quarter earnings today as the auto giant cited strong recoveries in the US and China following a big sales hit amid the coronavirus pandemic. The better-than-expected results showed GM’s ability to “manage the business through a global economy under severe stress,” the company said.

Pickup trucks remained popular sellers in the US, and the company said launches of new sport utility vehicles were greeted with strong demand by customers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines