GM lifts annual profit outlook by $500M on strong Q2 results
GM General Motors Company
$82.01 +2.22%
View chart & analysis → - 1General Motors (GM) raised its annual profit guidance by an additional $500 million after its second-quarter results beat expectations.
- 2Improved margins on large trucks and lower tariff costs were cited as the drivers behind the upgrade.
- 3Bloomberg's David Welch joined to discuss the developments.
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