General Motors (GM) has detailed its first-quarter financial results for the year, citing its gas vehicles and continued growth of electric vehicle (EV) business and software-based platform development. GMreportedits Q1 2024 results on Tuesday, raising its overall guidance on full-year vehicle del...
in the first quarter of 2024, down 1.5% year-over-year due to lower fleet deliveries. GM continued its industry leadership in full-size pickup, full-size SUV and affordable small SUV sales, and its scaling of Ultium Platform EV production is on track. “Our brands are all ...
Good morning, and welcome to the General Motors Company second-quarter 2024earnings conference call[Operator instructions] As a reminder, this conference call is being recorded Tuesday, July 23rd, 2024. I would now like to turn the conference over to Ashish Kohli, GM's vice president of investo...
Crypto is in the spotlight in the first quarter of 2025. Here's a look at some top buys. John DivineMarch 5, 2025 Stock Winners and Losers From DOGE Cuts Government contractors and other private sector businesses could see their bottom lines change as federal funding and regulation ...
GM's stock performance in 2024. "It was truly a great first half and second quarter, and we're positioned to have a very strong year," GM CFO Paul Jacobson said during a media briefing. "We expect to see some seasonally higher commodity costs, as well as some pricing headwinds that we...
according to CFO Paul Jacobson. However, there was a very positive development over the course of the year: GM was able to increase from 16,400 electric cars in the first quarter to 44,000 units in Q4 – in the US. The US market share also increased from 6.5 per cent to 12.5 per ...
The transaction is expected to close in the 2025 first quarter. GM said it expects to recoup its investment in the facility. The transaction does not change GM's ownership interest in Ultium Cells LLC.?LG Energy Solution will have immediate access to the nearly completed Lansing facility to ...
Financial details were not disclosed, but the transaction is expected to close in the first quarter of 2025. (Adds details throughout) Additional reporting by Pearl Bantillo Thumbnail image: Hummer electric vehicles at a General Motors factory in Detroit, M...
also has reached a non-binding agreement to sell its stake in the nearly completed Ultium Cells LLC battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution. The transaction is expected to close in the 2025 first quarter, subject to customary closing conditions....
Crypto is in the spotlight in the first quarter of 2025. Here's a look at some top buys. John DivineMarch 5, 2025 Stock Winners and Losers From DOGE Cuts Government contractors and other private sector businesses could see their bottom lines change as federal fund...