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GM stock jumps 7.8% on Q4 sales and profit beat, bullish 2024 …
WEBJan 30, 2024 · GM. General Motors (GM) reported top and bottom line beats for the fourth quarter and issued 2024 full-year profit guidance that matched its initial forecast for 2023 on Tuesday. Shares of...
Biden administration to award nearly $1.1 billion to Stellantis, GM …
WEBWASHINGTON, July 11 (Reuters) - The Biden administration plans to award General Motors (GM.N) and Chrysler-parent Stellantis nearly $1.1 billion in grants to convert existing plants to build...
GM Will Boost EV and AV Investments to $35 Billion Through 2025 - GM News
WEBGeneral Motors Co. (NYSE: GM) announced today it will increase its EV and AV investments from 2020 through 2025 to $35 billion, representing a 75 percent increase from its initial commitment announced prior to the pandemic.
GM cuts EV production forecast, approves $6 billion share buyback
WEBJun 11, 2024 · General Motors cut its annual EV production forecast and announced a new $6 billion share buyback plan on Tuesday, as the automaker banks on demand from its gasoline-powered models.
GM CEO says committment to all-electric fleet remains firm ... - NBC News
WEBJun 4, 2024 · General Motors CEO Mary Barra says the storied automaker's plan to turn its fleet 100% electric will now play out "over decades." In an exclusive interview with NBC News, Barra clarified the...
U.S. Q3 Sales: Another Record Quarter of EV Sales | General Motors …
WEB1 day ago · DETROIT — General Motors (NYSE: GM) and its dealers increased retail sales by 3% year over year and delivered 659,601 total vehicles, down 2%, in the U.S. in the third quarter of 2024.The company achieved another record quarter of EV sales with 32,195 total deliveries, up 60% year-over-year and up …
10 years in, GM CEO Mary Barra has built her legacy on change …
WEBJan 15, 2024 · GM is facing challenges with EV demand and its Cruise autonomous driving unit, but those headwinds may play to Barra's strengths.
GM Raises 2022 Guidance and Expects North American EV ... - GM News
WEBGM expects to build 400,000 EVs in North America from 2022 through the first half of 2024 and grow capacity to 1 million units annually in North America in 2025. GM expects to reach U.S. battery cell capacity of more than 160 GWh …
GM's CEO on electric vehicles: "This is one of the most ... - CBS News
WEBSep 22, 2024 · CEO Mary Barra on how GM is revving up electric vehicles 07:30. During her ten years as CEO of General Motors, Mary Barra has made big investments in software and driverless cars.