GM | Q3 2024 Earnings

GM’s Q3 2024 earnings report shows EV sales reached approximately 32,000 units, expanding its U.S. EV market share to about 10%. The company maintained strong leadership in the full-size truck and SUV segments, achieving an adjusted EBIT of $4.1 billion in Q3 2024. GM aims to produce and sell around 200,000 EVs by 2025 and expects positive EV variable profit by year-end.

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