31
Jan
16:41
GM reports record earnings, predicts continued gains in 2023
General Motors is reporting stronger-than-expected fourth-quarter 2022 profits that lifted full-year 2022 results to record levels for a second year, Kallanish reports.
It reported pre-tax profits increased by nearly $1 billion in the fourth quarter 2022 to $3.79 billion, up from $2.83 billion in 4Q 2021. The full-year pre-tax profits rose to $14.5 billion, compared with $14.3 billion in 2021. For Q4 2022, the company had adjusted earnings of $3 billion or $2…
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Anonymous
Very good overview of the weekly steel market.
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