GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
GM Earnings Beat Expectations. Why the Stock Is Getting Crushed.
The company expects earnings per share of about $11.50 in 2025, up from $10.60 in 2024 and better than the $10.80 Wall Street ...
Why GM stock has gotten hit hard on earnings
GM repurchased more than $7 billion in stock in 2024 and more than $11 billion in 2023. Repurchases have played a key role in ...
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GM Announces Record Profit-Sharing Checks of Up to $14,500 for Workers Amid Financial Ups and Downs
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax ...
GM Stock Sinks After Results
Shares in General Motors (GM) tumbled after the car maker reported a $2.9 billion quarterly loss, putting the stock on course ...
GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United ...
GM job salaried cuts continue, could run through February, in new performance evaluations
Some GM salaried workers are being let go as the company continues to use a new evaluation program that weeds out poor ...
GM’s New Performance Review System Sparks Fresh Layoffs Amid Backlash
Approximately 1,000 employees were sacked by GM late last year, shortly after the new system was introduced. Workers who lose ...
Monica Wright Rogers Hired as 1st GM of Toronto Tempo, WNBA's Expansion Team
The WNBA's newest expansion team, the Toronto Tempo, is hiring former WNBA player Monica Wright Rogers as general manager, ...
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
It's not easy to profit off EVs, but GM just took a big step in the right direction.
GM’s Profit Outlook Draws Skepticism as Tariff Threats Loom
General Motors Co. unveiled a better-than-expected profit outlook, but US President Donald Trump’s tariff threats raised ...