General Motors Posts Impressive Earnings Growth as Profits Soar. In a significant boost to the US auto industry, GM's North American profits have skyrocketed by 43 percent over the past year, reaching a staggering $3.45 billion. This remarkable increase is a testament to the company's successful efforts to adapt to shifting consumer preferences and technological advancements in the market. Meanwhile, the company's global adjusted earnings before interest and taxes (EBIT) also saw a notable 30 percent jump, reaching $3.94 billion, indicating a strong performance across its international operations.
GM’s North American profits surged 43 percent from a year earlier, to $3.45 billion. Global adjusted earnings before interest and taxes rose 30 percent, to $3.94 billion.
