GM CFO Says Company Outperforming Industry, Which Is Trending Ahead Of Earlier Forecast Of 15M Sales; Still Seeing Strong Retail Pricing, Strong Demand For Higher Trim Packages
Portfolio Pulse from Benzinga Newsdesk
GM's CFO stated that the company is outperforming the industry, which is trending ahead of the earlier forecast of 15 million sales. GM is experiencing strong retail pricing and high demand for higher trim packages.

June 15, 2023 | 4:04 pm
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GM is outperforming the industry and experiencing strong retail pricing and demand for higher trim packages, indicating a positive outlook.
GM's CFO statement indicates that the company is outperforming the industry, which is trending ahead of the earlier forecast of 15 million sales. This suggests a positive outlook for GM's stock price in the short term, as strong retail pricing and high demand for higher trim packages are likely to boost revenues and profitability.
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