This image provided by General Motors shows the GM Logo. General Motors’ first-quarter net income surged to $2.98 billion, reported Wednesday, May 6, 2021, as strong U.S. consumer demand and higher prices overcame production cuts brought on by the global shortage of computer chips. The big profit increase was 12 times larger than the same period last year, when the start of the coronavirus pandemic forced automakers to shutter factories, limiting GM’s net income to $247 million. (General Motors via AP)
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