GM reports second quarter earnings

DETROIT

General Motors Co. today reported solid second-quarter earnings, driven by the performance of North America and significant progress on transformational cost initiatives — driven by the successful rollout of full-size light-duty pickup trucks.

Second-quarter 2019 results:

GM +3% after solid quarter

EPS-diluted of $1.66 and EPS-diluted-adjusted of $1.64, includes $(0.01) from Lyft and PSA revaluations.

Income of $2.4 billion, up 1.6% year over year.

Revenue of $36.1 billion.

GM North America EBIT-adjusted of $3.0 billion.

GM Financial EBT-adjusted of $0.5 billion.