Pricey truck sales boost GM earnings despite lower volumes

[ad_1] General Motors reported higher second-quarter profits, with sales of pricey pickup trucks in North America making up for lower overall volumes Strong demand for pricey, high-end trucks in North America boosted General Motors’ earnings, offsetting lower car sales, especially in China, the company announced Thursday. The biggest US carmaker reported slightly higher second-quarter profits, […]

Fiat Chrysler posts weaker sales, higher net profit

[ad_1] Fiat Chrysler sales fell in the second quarter of 2019, but the group still managed to post a higher net profit, excluding exceptional items Fiat Chrysler (FCA) has been hit by slowing sales that have afflicted the car industry worldwide, but the Italian-US automaker said Wednesday that it nonetheless managed to boost second-quarter profits. […]