Popular automaker General Motors Company (GM), known for its Buick, Cadillac, Chevrolet, and GMC brands, announced strong fiscal third-quarter results. The company’s earnings beat the consensus estimate by 19.6%. Despite growing significantly year-over-year, sales came in marginally lower than analysts estimated.
The company’s total worldwide market share in the third quarter ended September 30, 2022, came in at 7.7%, compared to 6.9% in the year-ago period. Its total worldwide vehicle sales increased 17.1% year-over-year to 1.53 million.
