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International Business Times
International Business Times
Business
AFP News

General Motors Eyes Strong 2024 As Earnings Top Estimates

General Motors Chief Executive acknowledged that electric vehicle growth has slowed but said sales will still rise in 2024 (Credit: AFP)

General Motors reported higher quarterly profits Tuesday thanks to continued robust vehicle pricing amid strong North American demand, offsetting the hit from a labor strike.

The big US automaker, which has lately relied on its home market during a period of lower sales in China, reported fourth-quarter profits that topped analyst expectations, despite the drag of the roughly six-week strike that was resolved during the period.

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