[ad_1]
GM said that in the third quarter, its adjusted EBIT (earnings before interest and taxes) amounted to 3,153 million US dollars, or 25% more than there is a year.
General Motors announced today that in the third quarter of the year there was a net profit of $ 2,534 million thanks to strong performance in its two largest markets, the United States. United and China.
As a result, in the first nine months, they earned $ 5.970 million in profits, an increase of 363% over the same period in 2017.
GM stated that In the third quarter, its adjusted EBIT (earnings before interest and taxes) was $ 3,153 million, 25% higher than a year ago.
By region, GM North America posted a profit of $ 2,825 million, up 35%. GM International, which includes the rest of the manufacturer's global operations, posted a profit of 139 million USD, down 64%. But in China, the profits were $ 485 million.
GM Cruise, the company's unit dedicated to the development and production of autonomous vehicles, recorded losses of 214 million US dollars.
Finally, GM Financial's financial arm has raised $ 498 million, 60% more than in 2017.
Source link
