Tag: Earnings
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Great Wall Motors | 10 Highlights from Great Wall Motors’ Q3 2024 Earnings Report
Great Wall Motors achieved revenues of 50.825 billion RMB and a net profit of 3.35 billion RMB in Q3 2024, marking three consecutive quarters exceeding 3 billion RMB. NEV sales reached 79,100 units, and overseas sales hit 122,700 units, a 39.85% year-on-year increase. The gross profit margin remained above 20% for three consecutive quarters. Great…
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GM | Releases Q3 2024 Results and Updates Full-Year Guidance
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…
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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…
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Ford | Ford Motor Company Announces Details for Q3 2024 Earnings Conference Call
Ford Motor Company and Ford Motor Credit Company will announce their Q3 2024 financial results on October 28. CEO Jim Farley, along with other senior management members, will discuss the results and take questions from the investment community. Source: Here