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Reuters

Reuters

Technology

Technology

GM results and forecast top Wall Street targets thanks to gas-powered trucks and SUVs

Reuters
Summary
Nutrition label

76% Informative

Shares of the Detroit automaker rose 4.2% in premarket trading.

GM sold vehicles at an average price of $ 50,000 for the year .

Executives see a 1% to 1.5% drop in North American pricing power and a modest decline in gas-powered vehicle volume in 2025 .

The company expects losses will narrow with its battery-powered vehicles, reorganization of China business.

VR Score

88

Informative language

95

Neutral language

25

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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