General Motors (NYSE: GM) delivered record adjusted pretax profits of $14.9 billion for 2024 but grappled with significant challenges in its global operations, most notably in China, and took a major step back in its autonomous vehicle strategy. Despite record profitability in its core North American market, GM’s net income plunged 41% year-over-year to $6… Continue reading General Motors Posts Mixed 2024 Results: Record Pretax Profits, But Challenges Persist in China and EV Growth
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GM Q1 earnings are on fire- thanks to the Silverado, Sierra, and hot-selling full-size SUVs. The company recently announced that first-quarter revenue clocked in at $32.5-billion. That’s compared to $32.7-billion at the same time last year. The company also announced a net income of $3.0-billion, a net income margin of 9.3%, and has nearly $42-billion… Continue reading GM Q1 Earnings Are Huge Thanks To Silverado / Sierra & Full-Size SUVs
Today, GM reported its first quarter 2020 profit/earnings and as you might guess the company has been impacted by the current pandemic. How bad are things? How do these numbers compare to the other big three automakers? Let’s take a look. Every three months, public companies like General Motors release earnings reports. They lay out… Continue reading General Motors First Quarter Profit Down 87% – Earnings Down 46%
General Motors released its much anticipated 2019 third-quarter earnings report this morning. The figures shed light on how much money the automaker is making and how strong pickup sales help stave off losses from the recently settled UAW strike. The raw financials for GM’s 3rd Quarter Boil Down To This EPS-diluted of $1.60 and EPS-diluted-adjusted… Continue reading Silverado & Sierra Sales Save GM From Strike Losses