General Motors Corp. (NYSE: GM) saw a profitable Q2 period when it reported results yesterday, blowing past analyst estimates and recording its third straight profitable quarter. What made such a turnaround happen? It was not U.S. sales (which dropped from a revenue standpoint), but overseas sales bolstered GM's Q2 sales in excellent fashion.So, that begs the question: what is going on with the automaker's sales in the U.S. right now? Are incentives working? Is GM having unexpected issues with the UAW? How much more can it cut costs in the U.S. region to ensure it can strive to make sure consistent profitability occurs in its home market?
Some of those questions may be asked today as GM reports its July U.S. sales results, which will probably have quite a bit more somber tone than the great quarter the automaker just reported on yesterday. We'll see. Remember to use the "Refresh" key on your web browser to see all the updates below, which will happen ever few minutes. All times below are in EST.
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