General Motors is raising it’s earnings forecast.
The company says its full-year 2018 earnings would be better than the guidance it provided investors 10 weeks ago. And it said it expects earnings to rise more than expected in 2019.
Cadillac will take the lead at GM in electric car development.
A Cadillac will be the first model based on a new electric car platform expected to be ready in 2021.
GM boss Mary Barra has said that GM of the future will be all-electric.