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GM, Wall Street
GM results top Wall Street targets; shares slump as tariff threat looms
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.
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 uncertainty about the automaker’s business. The shares plunged.
GM Results and Forecast Top Wall Street Targets Thanks to Gas-Powered Trucks and SUVs
GM sold vehicles at an average price of $50,000 for the year, and executives see a 1% to 1.5% drop in North American pricing power and a modest decline in gas-powered vehicle volume in 2025, leaving it in a relatively strong position.
MLive
1h
GM profit-sharing checks hit new record with worker payouts up to $14,500
General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks.
5h
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 ...
4h
on MSN
GM’s stock falls as carmaker signals that tariffs may impact its outlook
GM topped Wall Street’s fourth-quarter adjusted profit estimate as sales rose 11%, but the carmaker’s stock fell back.
6h
on MSN
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EV's revenue cover the costs to make them. Here are the goals for ...
3h
on MSN
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.
1h
Browns GM: Myles Garrett Won't Be Traded Even If Offer Includes 2 1st-Round Picks
Cleveland Browns general manager Andrew Berry told three beat reporters at the Senior Bowl in Mobile, Alabama that the team ...
TopSpeed
2h
GM EVs Are Profitable At Last
Adding to the bottom line, in North America, the average selling price of a new GM vehicle last year was around $50,000, an ...
1d
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 ...
5h
on MSN
GM’s China Moves Hit Bottom Line
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for GM.
2h
Astros GM Dana Brown details “fracture” in relationship with ex-reliever Ryan Pressly
Pressly never aired any grievances publicly and continued to serve as a model teammate throughout his uneven 2024 season.
3h
on MSN
GM stock falls even as company beats analyst expectations on earnings
While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes ...
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