GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
In Q4, GM reported a loss of US$3 billion compared with profits of US$2.1 billion in the year-ago period. Revenues rose 11% to US$47.7 billion. The company projected 2025 earnings of between US$11 and US$12 per share, above analyst expectations.
General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating the street view of $1.
General Motors posted better fourth quarter revenue and adjusted earnings than analysts had expected, as it recorded billions in one-time charges because of recent changes to the automaker's business plans.
Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,
Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the
In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs. General Motors rewarded investors with a 48% gain in 2024,
General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts expecting a double-digit growth in pro
The remarks come amid ongoing discussions between the Trump administration and Mexican and Canadian officials.
The C1 Corvette is a collector's dream classic, but it wasn't always perfect. We look at the development of this iconic American sports car.