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Tribune News Service
Tribune News Service
Business
Kalea Hall

GM beats expectations, nets $3.3 billion profit in third quarter

General Motors Co. on Tuesday said it made $3.3 billion in net income in the third quarter, up from 2021's third quarter profits of $2.4 billion despite a tight supply inventory still hindering sales and lessening demand amid economic uncertainty.

GM's revenue was $42 billion in the quarter, up from the $27 billion the company made in the same three months last year.

The results beat investor expectations.

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