General Motors has reported record revenues for the second quarter and first half of 2024, leading to an upward revision of its full-year earnings, free cash flow, and EPS guidance. The company attributes its success to strong North American ICE vehicle sales, expanding EV portfolio, consistent pricing strategies, and new investments enhancing margins and capital efficiency. GM highlighted the rollout of the Chevrolet Equinox EV and operational updates at Cruise, including strategic leadership changes.
Source: General Motors (July 23, 2024)
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