Reported about 1 month ago
Investors are anticipating positive results from GM as the automaker raises its forecast for the second time this year, thanks to solid U.S. sales. However, concerns surrounding GM's electric vehicle (EV) strategy and inventory management will be critical when the company reports Q3 results, expected to show $44.69 billion in revenue and adjusted EPS of $2.44. Despite a slight decrease in total vehicle deliveries, EV sales surged by 60%. Analysts remain hopeful for consistent pricing and effective inventory management amid market challenges.
Source: YAHOO