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GM earnings top forecasts, company raises outlook and sees 'variable profit' in EV unit by year-end
Yahoo Finance· 6 days agoJacobson noted in the analyst call that the Cadillac LYRIQ EV is now $12,000 cheaper to make...
GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share
Electrek· 6 days agoAfter losing EV market share in the US in the first three months of 2024, GM believes it can turn...
GM reclaims car sales crown but CFO warns to 'pace ourselves' on switch to EVs
The US Sun· 6 days agoGENERAL Motors has retained the American car sales crown in the first quarter of the year and is...
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
The Wall Street Journal· 6 days agoElectric-vehicle production rose 74% from the fourth quarter, as GM eased bottlenecks that have...
GM's Ultium Electric Car Revolution Might Just Be Back On Track
InsideEVs· 6 days agoGeneral Motors reported noticeable progress regarding its Ultium EV platform on Tuesday, as...
Analysts overhaul GM stock price target after earnings
TheStreet.com· 5 days agoHere's what could happen next to GM shares. The satirical Sixties-era spy, created and portrayed by Mike Myers in four films, was rendered "shagless" in one of the flicks by Dr. Evil--also played ...
EVs sell the slowest, sitting on lots 21 days longer than hybrids: Study
KRQE & KASA FOX 2 Albuquerque· 2 days agoAfter years of limited supply and rapid turnover, new cars are now languishing on dealer lots.
4 General Motors Analysts Praise Strong EV Strategy: 'Capital Allocation Will Remain A Tailwind' -...
Benzinga· 5 days agoGM exceeded earnings expectations, with a 7.6% increase in sales and adjusted EPS of $2.62. Analysts...
General Motors reports strong first-quarter profits as prices help offset small US sales dip
San Francisco Chronicle· 6 days agoDespite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than...
General Motors reports strong 1st-quarter profits as prices help offset small U.S. sales dip
Pittsburgh Tribune-Review· 6 days agoDespite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than...