first-quarter income

Business

GM expects big 2021 profit, says it's managing chip shortage

Associated Press

DETROIT, MI (AP)-- General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices overcame production…
Business

With factories dark, GM profit slumps 88 percent; 2Q likely worse

Associated Press

DETROIT, MI (AP)-- General Motors’ first-quarter net income fell 88 percent, but it still managed to make $247 million as the coronavirus began to take…