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GM Q1 Report Offers Insight into Automaker's Future Prospects

  • GM is expected to report Q1 results on April 25 with strong gains in U.S. deliveries and continued growth in electric vehicle sales.
  • GM delivered about 20,000 electric vehicles over the quarter and is on track to sell about 50,000 EVs over the first half of this year.
  • GM's margins for the quarter could potentially be helped by stronger volume, rising market share, and cooling inflation.
  • GM is optimistic about its long-term prospects, intending to double revenue to between $275 billion and $315 billion by 2030, driven in part by growth in EVs, software, and self-driving technology.
  • GM's first-quarter report will reveal a lot about the company's performance and its battle for electric-vehicle market share against competitors like Tesla.
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