The metric doesn't account for the costs of retooling factories and building new assembly lines for EVs, but it's still a significant step for GM. The term "variable profit positive" comes with a ...
GM’s share of the US electric vehicle market doubled in the fourth quarter as the new Chevy Equinox EV became a top seller. With new electric Cadillac SUVs arriving this year, GM sees more ...
Super Cruise is GM's advanced driver assistance technology offered on about 20 newer models GM expects Super Cruise tech to bring in about $2 billion in total annual revenue within 5 years Super ...
General Motors' (GM) hot stock has sprung a leak after its latest earnings report on Tuesday. Shares of the auto giant fell as much as 11% on Tuesday and closed down 9%. It marked the worst day ...
GM's EBIT Guidance Did Not Include the Impact of Tariffs, Barra Weighs in on the Issue GM provided 2025 adjusted EBIT guidance of $13.7 billion - $15.7 billion, well above its previous outlook of ...
For the full year, GM said its adjusted pretax profits increased 21% to $14.9 billion. "This combination of compelling vehicles in high volume and growing segments, strong execution and discipline ...
President Trump wants to eliminate the tax credit for electric vehicles buyers, but that won't stop General Motors (GM) from making them. In an interview with Yahoo Finance Executive Editor Brian ...
GM predicts rising profit in 2025, assuming a "stable policy environment" in North America. General Motors (GM) stock was the biggest decliner in the S&P 500 on Tuesday, falling nearly 9% as ...
The statement cast an aura of uncertainty around the outlook for the automotive giant. GM's stock (GM) dropped 8% on Tuesday and was the worst performer in the S&P 500 SPX. Chief Executive Mary ...
GM doesn’t break out its EV earnings like Ford does, so there are likely still other costs that it needs to overcome to achieve full EV profitability, including the cost of adding assembly lines.