GM Says It Will Double Annual Revenue To $280 Billion By 2030 Amid Chip Shortages - NewsBreak
By Jozef in Business
Updated 3 years ago
General Motors said on Wednesday that it is expecting its annual revenue to double to $280 billion by 2030 as the company transitions to all-electric vehicles amid a semiconductor chip shortage plaguing the auto industry. The automaker announced its revenue target with larger projected profit margins of 12% to 14%....