"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.
How fast is it? When outfitted with the optional ZTK Performance Package that adds a high-downforce rear wing, stiffer springs, various aero pieces, and a set of super-sticky Michelin Pilot Sport Cup 2R tires,
Shares of automotive manufacturer General Motors (NYSE:GM) fell 11.1% in the afternoon session after the company reported fourth-quarter earnings and provided guidance that assumes a stable policy environment in the US,
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
General Motors (NYSE: GM) closed out a strong 2024 with fourth-quarter results that beat Wall Street's expectations. GM shares remained down by 10.4% as of 11:44 a.m. ET. One reason for the stock's sharp decline was that GM stock soared nearly 50% in 2024.
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. The automaker is also taking a proactive approach with the United States government on regulations and doling out generous profit-sharing payouts to thousands of workers.
Morgan Stanley analyst Adam Jonas maintained a Hold rating on General Motors (GM – Research Report) yesterday and set a price target of
General Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the same period the previous year.
General Motors stock is moving sharply lower Tuesday even after the automaker reported a fourth-quarter earnings beat. Here's what you need to know.
General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating the street view of $1.
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In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs. General Motors rewarded investors with a 48% gain in 2024,