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Charges Tied to China Weigh on GM in Q4
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
Charges Tied to China Weigh on GM in Q4, but Profit and Revenue Top Expectations
General Motors moved to a loss in its fourth quarter, as the automaker dealt with charges tied to its Chinese joint ventures, but its adjusted profit and revenue still soundly beat Wall Street’s expec
General Motors Q4 results: GM posts $2.96 billion loss on China-related charges
General Motors sold vehicles at an average price of $50,000 in 2024. Its revenue surged to $47.7 billion from $42.98 billion
GM, Wall Street
GM results top Wall Street targets; shares slump as tariff threat looms
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, but shares fell sharply in trading Tuesday as investors weighed the threat of tariffs that could hit the automaker's business.
GM Results and Forecast Top Wall Street Targets Thanks to Gas-Powered Trucks and SUVs
GM sold vehicles at an average price of $50,000 for the year, and executives see a 1% to 1.5% drop in North American pricing power and a modest decline in gas-powered vehicle volume in 2025, leaving it in a relatively strong position.
GM beats Wall Street estimates, forecasts another year of strong earnings in 2025
While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.
5h
on MSN
GM’s Profit Outlook Draws Skepticism as Tariff Threats Loom
General Motors Co. unveiled a better-than-expected profit outlook, but US President Donald Trump’s tariff threats raised ...
5h
on MSN
GM’s stock falls as carmaker signals that tariffs may impact its outlook
GM topped Wall Street’s fourth-quarter adjusted profit estimate as sales rose 11%, but the carmaker’s stock fell back.
6h
GM Stock Sinks After Results
Shares in General Motors (GM) tumbled after the car maker reported a $2.9 billion quarterly loss, putting the stock on course ...
4h
on MSN
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
It's not easy to profit off EVs, but GM just took a big step in the right direction.
2h
GM CEO Mary Barra: If EV demand lessens, we’d ‘happily’ ramp up gas vehicle production
GM CEO Mary Barra said the company will follow consumer demand when it comes to EV vs. internal combustion engine production.
22m
on MSN
GM Braces for ‘Directional Change’ with Trump Administration
GM says it’s prepared for tariffs and discontinued EV incentives, but what about the nation’s EV charging network?
1h
Ex-Mets GM: Pete Alonso 'Great Fit' For Toronto; 'Would Love' Alex Bregman Also
Former New York Mets general manager Steve Phillips says Pete Alonso would be "great fit" for the Toronto Blue Jays, who ...
1d
GM job salaried cuts continue, could run through February, in new performance evaluations
Some GM salaried workers are being let go as the company continues to use a new evaluation program that weeds out poor ...
2h
Browns GM: Myles Garrett Won't Be Traded Even If Offer Includes 2 1st-Round Picks
Cleveland Browns general manager Andrew Berry told three beat reporters at the Senior Bowl in Mobile, Alabama that the team ...
Electrek
7h
GM’s EV sales surged as the Chevy Equinox becomes a top-seller: Can it keep it up in 2025?
GM’s share of the US electric vehicle market doubled in the fourth quarter as the new Chevy Equinox EV became a top seller.
3h
on MSN
GM 2024 bonus checks will be higher than 2023 for some salaried workers: How formula works
An internal document obtained by the Free Press reveals how much more GM will payout in bonuses to its salaried workforce for ...
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