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Recent analyst reports and market trends paint a complex picture of GM's position, highlighting both significant ...
GM said on June 5 sales of trucks and SUVs from its Chevrolet brand largely drove the difference, with the Equinox EV ...
Jonas highlights potential challenges such as increased competition and uncertainties in the electric vehicle market, as well as economic conditions in China, which may affect GM’s future ...
And so you're going to end up with a smaller and smaller addressable market that competitors, particularly from China and to some degree from Europe, are going to step in." Total GM sales of EVs ...
General Motors' CFO Paul Jacobson made the remarks last week at the Deutsche Bank Global Auto Industry Conference.
Despite potential challenges for automakers like GM, Ford, Rivian and even Tesla, CEO Elon Musk supports the move. See Also: This rooftop wind turbine is taking on a market projected to reach ...
General Motors (GM) shares were up about 9% Tuesday afternoon after the Detroit automaker delivered third-quarter earnings per share that surged past investor expectations. Even as the auto ...
GM, once a dominant player in the Chinese auto market, is grappling with significant challenges. The company announced a $5 billion hit to its profits as part of a restructuring effort to address ...
GM GM said the charges reflect restructuring costs and a new business forecast to ”address market challenges and competitive conditions.” Back To Top ...
“This adjustment is directly related to responding to market demand and rebalancing inventory,” GM said in a statement to the Detroit Free Press. “It’s a lot of unknowns,” Maloney said.
The company's guidance for 2025 suggests flat earnings before interest and taxes (EBIT) year-over-year, which is viewed positively given the anticipated challenges in the automotive market.
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