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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.
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 ...
A new study from J.D. Power shows steady consumer EV interest despite sales not taking off like the industry expected in ...
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 ...
“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.
General Motors is making significant strides in revolutionizing its manufacturing processes through a new partnership with ...
When General Motors announced layoffs of 200 employees at its all-electric Detroit-Hamtramck Factory Zero to ensure that production will “align with market dynamics,” one vehicle shopper ...
GM said on June 5 sales of trucks and SUVs from its Chevrolet brand largely drove the difference, with the Equinox EV standing out in particular.
GM taps Nvidia’s AI to challenge Tesla’s self-driving dominance ... Ready to turn the market’s comeback into steady cash flow? Grab the top 3 stocks to buy right here.