CHICAGO: US General Motors Co. (GM) announced that it raked in earnings of 4 billion U.S. dollars in the third quarter of this year, thanks to strong sales of crossover, pickup and SUVs. Revenue of the Detroit-based automaker was at 35.5 billion dollars in the third quarter; pre-tax earnings totaled 5.3 billion dollars; profit margins rocketed to 14.9 percent; and automotive liquidity was at 37.8 billion dollars. Automotive operating cash flow of the U.S. automaker was at 9.9 billion dollars in the third quarter; and adjusted automotive free cash flow at 9.1 billion dollars. GM made 4.4 billion dollars in the North American market in the third quarter, up from 3 billion dollars in the third quarter of 2019. TLTP
GM International raked in 10 million dollars, compared to a loss of 65 million dollars in the same period of last year.
