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.
Good morning, and welcome to the General Motors Company fourth-quarter and calendar-year 2024 earnings conference call. [Operator instructions] As a reminder, this conference call is being recorded Tuesday, January 28th, 2025. I would now like to turn the conference over to Ashish Kohli, GM's vice president of investor relations.
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 manufactured 22.3% of light vehicles in Mexico: it is the main automotive producer in the Mexican market
General Motors Co. in Detroit today reported record 2024 profits of $14.9 billion, up 21 percent over 2023. The automaker did so with $187 billion in revenue last year, a 9 percent increase over year prior.
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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General Motors strong profit and revenue outshine hefty charges tied to China.
Says investments will depend on market demand. Expects strong free cash flow generation in 2025. Expects to follow “similar” capital allocation
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, thus failing to help investors shrug ...