DETROIT,Jan. 30, 2024/PRNewswire/ -- General Motors Co. (NYSE:GM) today reported fourth-quarter 2023 revenue of$43.0 billion, net income attributable to stockholders of$2.1 billionand EBIT-adjusted of$1.8 billion. GMreported full-year 2023 revenue of$171.8 billion, net inc...
Jacobson said GM will retain its targets of achieving low-digit profit margins on EVs as well as North American annual production capacity for the vehicles of 1 million by 2025. watch now VIDEO01:02 General Motors EV sales jump 28% in Q3 "We're really focusing on making sure that we're...
GM's North American operations continued their yearslong trend of carrying the automaker's earnings. Its North American adjusted earnings increased 18.1% compared with 2023 to $14.53 billion, which equates to a 9.2% adjusted profit margin. The Detroit automaker's international operations — such as...
General Motors revenue in 2022 reached $156.74 billion. This is 23.4% more than the result for the previous year, when the company's sales amounted to $127 billion. Net profit amounted to $9.93 billion against $10.02 billion in 2021. For this indicator, negative dynamics was recorded at the...
Net Profit Margin (2023) XYZ -45.5% (2023 vs 2022) * As of and is in US$ View General Motors Co financials General Motors Co premium industry data and analytics 420+ Product Life Cycle Explore worldwide vehicle development plans for brands from General Motors Co with a catalogue of...
hourly employees once again earned the industry's highest profit sharing, totaling more than $640 million. That's a record payout of up to $14,500 per person equal to more than two months of extra pay for average UAW-represented team member. Investors in GM also earned a 50% total retu...
General Motors profit slumps by 90 percentNick Bunkley
General Motors (GM) and the United Auto Workers (UAW) have reached a tentative agreement, ending the union's six-week strike.
Concept cars & special vehicles produced by General Motors and not labeled as a specific marque include the Firebird II, Futurliner, and the Impact (which eventually became the Saturn EV-1). General Motors purchased Cadillac in 1909 for $5,669,250. ...
General Motors (GM) CEO Mary Barra said the company will increase its profit to $280bn by 2030. (Photo by Bill Pugliano/Getty Images) Automotive giant General Motors (GM) expects to double its revenue to $280bn by 2030, expanding its margins from 12 to 14 per cent. ...