The Company this week is reporting an outstanding third quarter that set these quarterly records. These results would not be possible without the hard work and dedication of the UAW-GM membership!
EBIT-adjusted of $3.5 billion and EBIT-adjusted margin of 8.3 percent; net income of $2.8 billion; earnings per share-diluted-adjusted of $1.72; and adjusted automotive free cash flow of $3.5 billion.
In addition, revenue rose 10 percent year-over-year to an all-time record of $42.8 billion.
Here are other highlights of the third quarter:
- EBIT-adjusted in North America was $3.5 billion – a Q3 record – and EBIT-adjusted margin was 11.2 percent.
- Equity income was $0.5 billion in China on record sales and cost discipline.
- And return on invested capital-adjusted was up 4.6 points to an all-time record of 30.6 percent