Corporate News

GM Q1 Profit Tops View, But Revenues Miss

General Motors Co. (GM) Wednesday reported a profit for the first-quarter that surged from last year, driven by strong price and mix performance in North America, strong credit and residual value performance at GM Financial, as well as the industry recovery in China.

Earnings per share topped analysts' expectations, while quarterly revenues missed their estimates.

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by RTTNews Staff Writer

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