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GM Q2 Results Surpass Expectations
General Motors achieved strong financial results in the second quarter of 2026, surpassing Wall Street expectations. The company confirmed that stable car prices, reduced warranty costs, and improved performance of electric vehicles contributed to this success. Its adjusted earnings per share reached $3.57, with revenues totaling $48.03 billion. The company also raised its financial outlook for 2026, now expecting an operating profit between $14 and $16 billion, and adjusted earnings per share between $12 and $14. Robust performance in North America led to an increased profit margin of 8.6%, with the company aiming to reduce electric vehicle losses by approximately $1 to $1.5 billion this year. The results also showed that efficiency improvement policies and cost-cutting measures played a key role in enhancing financial performance.
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