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GM bucks gloomy earnings forecast trend, shares jump

General Motors Co executives on Friday bucked gloomy forecasts for growth and sent the automaker's shares soaring, promising investors stronger 2019 earnings and outlining ambitious plans for its Cadillac brand to challenge Tesla Inc in the growing electric vehicle market. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: earnings, shares, gloomy, forecasts, growth

Source Link: http://feeds.reuters.com/~r/reuters/businessNews/~3/RaaLVyTzLpQ/gm-bucks-gloomy-earnings-forecast-trend-shares-jump-idUSKCN1P51KV

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