General Motors announced that its Q3 2024 revenue reached $48.76 billion, with a net income of $3.1 billion and an adjusted EBIT of $4.115 billion. The company updated its full-year 2024 guidance, raising its net income expectations to $10.4-$11.1 billion and adjusted EBIT to $14.0-$15.0 billion. Additionally, GM’s EV sales reached approximately 32,000 units, expanding its U.S. EV market share to about 10%.
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