GM raises full-year 2024 financial targets

Based on the outstanding performance in the first quarter of 2024, GM raised its full-year financial targets. Among them, the net profit forecast range was raised from US$9.8 billion to US$11.2 billion to US$10.1 billion to US$11.5 billion. The adjusted EBIT forecast range was raised from US$12 billion to US$14 billion to US$12.5 billion to US$14.5 billion. The adjusted diluted earnings per share forecast range was raised from US$8.5 to US$9.5 to US$9 to US$10. The adjusted automotive business cash flow forecast range was raised from US$8 billion to US$10 billion to US$8.5 billion to US$10.5 billion.