GM ‘off to a strong start’ in 2024, analyst watching long-term plan | Business [Video]

DETROIT, Mich. (WJRT) – General Motors has beat its revenue expectations for the first three months of 2024 by taking in $43 billion.

Marissa West, GM’s president of North American operations, attributes the strong first quarter earnings to a strong portfolio. The company is raising its financial projections for the year after reporting a nearly $4 billion project.

“We’re off to a strong start, and we see continued momentum for the rest of the year,” West said.

Matt Hardigree, publisher of The Autopian, agreed it was good news for the automaker.

“This is the report that GM wanted to have in the first quarter, and they previewed last year that this is what they were going to do,” he said.

West said all four of the company’s brands — Buick, Chevrolet, GMC and Cadillac — have been performing well.

“This strong performance is really all indicative of our great vehicle portfolio, both in the (internal combustion engine) side of the business, as well as …