The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
GM says it’s prepared for tariffs and discontinued EV incentives, but what about the nation’s EV charging network?
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, but shares fell sharply in trading Tuesday as investors weighed the threat of tariffs that could hit the automaker's business.
Denmark's prime minister plans stops in Berlin, Paris and Brussels on tour of European capitals as Copenhagen moves to strengthen its presence in Greenland.
Says investments will depend on market demand. Expects strong free cash flow generation in 2025. Expects to follow “similar” capital allocation
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.
2d
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
2d
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United Auto Workers union, and said that it expects even better operating results in the year ahead.
General Motors Co.'s full year net income was down 41% from 2023 after losing $3 billion in the fourth quarter.
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
Feedback