GM Q2 earnings: GM beats, raises full-year guidance for 2nd straight quarter on the back of robust sales

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GM once posted strong second quarter results, and boosted its guidance for a second time this year as customers continue buying the Detroit-based automaker's...

) once again posted strong second quarter results, and boosted its guidance for a second time this year as customers continue buying the Detroit-based automaker's gas-powered vehicles, trucks — and even EVs.

"I want to begin by thanking the GM team, as well as our dealers, suppliers and other business partners, for helping us deliver strong second quarter and first half results, including record revenue in both periods. This has paved the way for us to increase our guidance for full-year earnings, free cash flow and earnings per share," GM CEO Mary Barra said in her shareholder letter.

Overall, GM sales in the second quarter are boosting the company’s bottom line at the right time, and EV sales are strong as well.

 

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