GM CFO Sees 'Broad-Based' Improvements in 2Q

GM CFO Sees 'Broad-Based' Improvements in 2Q

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Interactive Video

Business

University

Hard

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The video features Chuck Stevens, CFO of General Motors, discussing the company's strong financial performance. GM reported $1.89 earnings per share, surpassing estimates. North America was a key driver with $3.5 billion in profit and strong margins. GM Financial had a record quarter, and the company broke even in South America. The discussion highlights the broad-based improvement in GM's business and the significant role of product mix, particularly trucks and SUVs, in driving profitability. GM is optimistic about future growth with new product launches planned.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the profitability of General Motors according to the CFO?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What new products is General Motors planning to launch?

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