GM Beats on Earnings, Raises Guidance Amid 'Resilient' Consumer, Pricing General Motors' second quarter earnings report has sent shockwaves through the automotive industry.
Record breaking profits mask a more complex story about consumer demand and the future of electric vehicles.
GM's North American operations drive its success, with consistent vehicle pricing and robust sales contributing to a 2. 5 point increase in EBIT adjusted margin compared to last year.