With US vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%
![With US vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%](https://static.independent.co.uk/2024/07/23/11/Earnes_General_Motors_36914.jpg?width=1200&auto=webp)
U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago