General Motors increased its profit

American car producer General Motors’ first-quarter earnings results exceeded analysts’ expectations. In the latest period, from January to March, net income of the company rose by 2,6 billion dollars in comparison to the previous year. A strong pickup truck and SUV sales in the U.S. and China helped the company to achieve such success. A positive results of the first quarter will positively affect the growth of shares in the nearest future.

Over the past week, General Motors shares grew by 1,6% and continue growing. The trade will be available during American session from 14:40 to 21:00 GMT.

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