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In 2021, Barra said GM would exclusively offer EVs by 2035, investing $35 billion between 2020 and 2025. The company has since said customer demand — which has been slower than expected — will ...
For 2024, GM claims that it's on track to move between 200,000 and 300,000 electric vehicles this year across its U.S. and China markets, with the U.S. market achieving at least a 10 percent EV ...
GM’s CEO, Mary Barra, boasted the next-gen Bolt will offer “an even better driving, charging, and ownership experience.” GM plans to build a “next-gen affordable EV) in Kansas (Source: GM) ...
GM Claims No. 2 EV-Maker Status As It Warns Of $4-$5 Billion Tariff Hit There's good news and bad news in General Motors' Q1 2025 results, CEO Mary Barra said in a letter to shareholders.
Mary Barra's GM leadership shows contrasting priorities with a $4 billion US investment while maintaining significant overseas manufacturing and importing more vehicles than competitors ...
GM’s Mary Barra Knows Who’s Boss. These days what’s good for Donald Trump is apparently good for General Motors. By . The Editorial Board. Share. Resize. Listen (2 min) ...
GM said in January that it expected pretax profits of $13.7 billion to $15.7 billion, but said investors should expect $10 billion to $12.5 billion.. That also will hit UAW workers' annual profit ...
But Barra’s letter says the company now expects adjusted earnings before interest and taxes of between $10 billion and $12.5 billion this year, sharply lower than the record $14.9 billion it ...
Record profits of 2024 will take a hit. While GM is not the dominant global auto player it once was, it is still the largest American automaker, with US sales of 2.7 million cars and trucks last year.