General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating the street view of $1.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,
In Q4, GM reported a loss of US$3 billion compared with profits of US$2.1 billion in the year-ago period. Revenues rose 11% to US$47.7 billion. The company projected 2025 earnings of between US$11 and US$12 per share, above analyst expectations.
General Motors posted better fourth quarter revenue and adjusted earnings than analysts had expected, as it recorded billions in one-time charges because of recent changes to the automaker's business plans.
General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts expecting a double-digit growth in pro
Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. The automaker is also ...
While Chrysler Corporation has yet other import any vehicles from China for the U.S. market, it is far from the most “made in the USA” of the Detroit Three.
General Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the same period the previous year. The automotive giant's net income was impacted by over $5bn in special charges,
According to the recently published annual report, General Motors is making progress with the cost structure of its electric cars. Sales of electric vehicles