General Motors ekes out slim Q1 profit, sets restart date

General Motors ekes out slim Q1 profit, sets restart date

General Motors said Wednesday it eked out a $294 million profit for the first quarter despite the fallout from the pandemic that has shuttered factories and devastated sales. The automaker also set a May 18 as the date to reopen majority of its manufacturing operations in the US and Canada. The pandemic, reportedly, cost the automaker $1.4B before taxes during the first three months of the year.

Chris
Chris
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