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GM boosts outlook as sales in US fuel strong first quarter

Por: Associated Press Business April 25, 2023

DETROIT (AP) — Strong U.S. sales helped General Motors increase its first-quarter net profit 19% over a year ago, leading the company to raise its full-year earnings guidance on expectations that people will keep buying new vehicles.The Detroit automaker said Tuesday that its average U.S. vehicle price dropped about $500 for the quarter to $50,263 as the supply situation for GM improved, and it expects that to remain flat through the year as... + full article



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