Latest Paul Jacobson News
GM board approves another $6 billion share repurchase as the automaker gains momentum
WASHINGTON (AP) — General Motors has approved another $6 billion share repurchase as the Detroit automaker adds to its 2024 momentum. The Tuesday announcement follows a $10 billion share buyback authorization in November of last year. Shares in the Detroit automaker rose 1.4% to...
General Motors reports strong first-quarter profits as prices help offset small US sales dip
DETROIT (AP) — Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles. The automaker said that while its average sales price per vehicle was down slightly from...
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