GM posts 37.5% profit growth in 3Q22 while altering EV production target

Peng Chen, DIGITIMES Asia, Taipei Wednesday 26 October 2022 0

Credit: AFP

General Motors saw record revenue and double-digit EBIT-adjusted margins in the third quarter, thanks mainly to production increase and robust pricing. However, the carmaker has dialed back its EV production goal due to the delay of the battery production...

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