Consumer Discretionary
Auto Manufacturers
$54.97B
163K
Key insights and themes extracted from this filing
Total net sales and revenue increased to $43.0 billion, up from $40.0 billion in the same period last year, primarily driven by a $2.6 billion increase in Automotive net sales and revenue. GM Financial also contributed with a $0.5 billion increase.
Net income attributable to stockholders increased to $2.98 billion, up from $2.39 billion in the same period last year. This growth is attributed to revenue increases and effective cost management.
Diluted earnings per share increased to $2.56, up from $1.69 in the same period last year, reflecting the strong net income growth and a slight decrease in weighted average diluted shares outstanding.