General Motors forecasts lower first-quarter profit as sales slump 9.7 percent

10 articles · Updated · MarketWatch · Apr 27

GM is expected to report a $2.25 billion Q1 profit, down from $3.36 billion last year, with revenue projected at $43.51 billion.
Vehicle sales fell to about 626,000 units, marking GM's biggest quarterly drop in nearly four years amid high interest rates and prices.
Analysts expect pricing to partially offset volume declines, while investors await updates on GM's potential involvement in U.S. defense production and its strategy to reduce electric-vehicle losses.

Following a €22 billion loss, can Stellantis's new CEO steer the company to recovery?

Ford faces a 'bumpy road' with production woes. Can it recover its F-Series dominance?

While rivals struggle, what is General Motors' secret to weathering the auto industry crisis?

With a global copper and chip shortage looming, can automakers secure their future production?

As the EV dream stalls, are hybrid cars the unexpected savior for the Big Three?

With Mideast conflict and material shortages, are car prices set to climb even higher?