New York CNN —
General Motors reported much stronger than expected third-quarter earnings and gave an outlook that puts it on the path for record earnings in 2024 – just a year after a costly strike by members of the United Auto Workers union.
The company reported it earned an adjusted profit $3.4 billion in the third quarter, up from $3.2 billion for the year ago period, which was impacted by the first two weeks of the strike that lasted more than six weeks. Adjusted earnings for the first nine months of the year reached $9.9 billion.
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