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...
Due to the ongoing volatility caused by the strikes, GM said Tuesday it is pulling its previously announced earnings guidance for the year that called for $12 billion to $14 billion in adjusted earnings and net income attributable to stockholders of between $9.3 billion and $10.7 billion. Befor...
GM will report Q4 and FY 2023 earnings on Tuesday, and the company said in November it expected to earn almost $10 billion throughout 2023—despite around $1.1 billion being lost during historicsix-week strikes from the United Auto Workers (UAW) union. Analysts will be looking to see how ...
Good morning, and welcome to the General Motors Company fourth-quarter and calendar-year 2024earnings conference call[Operator instructions] As a reminder, this conference call is being recorded Tuesday, January 28th, 2025. I would now like to turn the conference over to Ashish Kohli, GM's vice...
General Motors Company Q1 2025 Earnings Conference Call Apr 29, 2025 at 8:30 AM EDT Add to Outlook Add to Google Calendar General Motors to Participate in the BofA Securities 2025 Automotive Summit Apr 15, 2025 at 9:40 AM EDT Add to Outlook ...
Published 1 year ago on January 30, 2024 By Zachary Visconti General Motors (GM) held its 2023 earnings call on Tuesday morning, and in it, the automaker detailed its plans to cut spending on the self-driving unit Cruise after one of the company’s robotaxis struck a pedestrian last Octo...
Conference call passcode:General Motors An audio replay will be available on theGM Investor Relations websitein the Events section. Visit theGM Investor Relations websiteto download the company'searnings deckandGM Chair and CEOMary Barra'sletter to shareholders. ...
Andrew J. Hawkins The end is nigh for the Chevy Bolt. General Motors plans to end production of the Chevy Bolt EV and EUV at the end of 2023, GM CEO Mary Barra announced in an earnings call Tuesday. The company plans to use the capacity at its Orion Township, Michigan, assembly plant...
General Motors Company Q1 2025 Earnings Conference Call Apr 29, 2025 at 8:30 AM EDT Add to Outlook Add to Google Calendar General Motors to Participate in the BofA Securities 2025 Automotive Summit Apr 15, 2025 at 9:40 AM EDT Add to Outlook ...
even though our strong underlying business fundamentals were pushing us towards the upper half of the range prior to any strike impact,” GM Chief Financial Officer (CFO) Paul Jacobson said in Tuesday's earnings call.2GM has previously projected adjustedearnings before interest and taxes (EBIT)fo...