GM results aren't enough for investors, shares skid 9% on tariff worries
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 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.
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
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General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks.
Good morning, and welcome to the General Motors Company fourth-quarter and calendar-year 2024 earnings conference call.
While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes ...
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker ...
GM surpassed Wall Street expectations for fourth-quarter revenue and earnings, reporting adjusted earnings per share of $1.92 ...
General Motors stock is moving sharply lower Tuesday even after the automaker reported a fourth-quarter earnings beat. Here's ...
General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth ...
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General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...
An internal document obtained by the Free Press reveals how much more GM will payout in bonuses to its salaried workforce for ...
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