GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
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.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
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,
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 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.
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
Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. The automaker is also ...
Deutsche Bank upgraded General Motors (GM) to Buy from Hold with a $60 price target into the Q4 report. The firm cites GM’s recent strategic
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.