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GM reports Q2 adjusted EBIT up 37.2%, suspends Cruise Origin production
On July 23, General Motors reported a 37.2% gain in its EBIT-adjusted income, to USD 4.4 billion for Q2, as total revenue rose 7.2% to USD 48.0 billion, and net income rose 14.3% to USD 2.9 billion from the same period in 2023.
GM CFO Paul Jacobson said that GM recorded a USD 600 million charge for indefinitely stopp....
GM CFO Paul Jacobson said that GM recorded a USD 600 million charge for indefinitely stopp....
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