General Motors is slated to report earnings before the bell — here's what the Street expects [CNBC]
General Motors Company (GM)
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Source: CNBC
General Motors is slated to report earnings before the bell — here's what the Street expects General Motors Chairman and CEO Mary Barra announces a $300 million investment in the GM Orion Assembly Plant plant for electric and self-driving vehicles at the Orion Assembly Plant on March 22, 2019 in Lake Orion, Michigan. Bill Pugliano | Getty Images Here's what Wall Street is expecting, according to analysts surveyed by Refinitiv: In April, the company reported sales that fell 7% As part of its plan to adapt to changing market demands, GM has idled factories that produce slow-selling vehicles, consequently cutting more than 14,000 jobs at factories in the U.S. and Canada. The company is also shifting focus towards self-driving and electrified vehicles. Shares of GM have risen more than 6% over the last 12 months and are up more than 20% since the beginning of the year. This story is developing. Please check back for updates.
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