Shares of GM are down 8% since Nov. 25 as Trump ratcheted up his views on tariffs. Ford's stock is off by 8.7%. Tesla's ( TSLA) stock is up 20% as CEO Elon Musk cozied up to Trump and leads his government cost cutting efforts.
"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.
GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.
In a CNBC interview, GM CEO Mary Barra discussed her conversation with the President, the company's strategic plans for potential tariff impacts on Mexico, and the expected $2 billion revenue from Super Cruise over the next five years.
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.
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.
GM announced a record-setting profit-sharing bonus for workers. GM's CEO says there’s some uncertainty over the trade, tax, and environmental regulations involving the Trump administration. DETROIT (FOX 2) - 2024 was a big year for General Motors (GM), which the automaker announced may lead to an increase in money for its union workers.
General Motors CEO Mary Barra has said she hopes tariffs can be avoided, as Mexican President Claudia Sheinbaum has signaled that authorities are "working and holding conversations to take the necessa
GM saw gains in its pretax profits for North America last year that pushes profit-sharing checks for UAW workers to a record level.
General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to Tesla's Autopilot, with the expectation of bringing in billions of dollars in revenue.
General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks.