General Motors has registered a strong third-quarter 2022 performance, hitting record revenue and double-digit growth in earnings before interest and taxes-adjusted margins.
Net income for the quarter ended September 2022 was $3.3 billion, up by $885 million from $2.42 billion in September 2021, financial data from the company show. Revenues were at $41.89 billion, up by more than $15 billion from $26.78 billion a year back. EBIT-adjusted margins jumped from $2.82 billion to $4.29 billion, an increase of more than 52 percent.