GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
GM has long been a leader in the transition to electric vehicles, with early offerings like the Chevrolet Volt plug-in hybrid ...
GM CEO Mary Barra: If EV demand lessens, we’d ‘happily’ ramp up gas vehicle production
GM CEO Mary Barra said the company will follow consumer demand when it comes to EV vs. internal combustion engine production.
GM Q4 preview: Strong earnings momentum expected despite EV, China challenges
GM (GM) investors are looking for the Big Three automaker to continue its strong run of quarterly performance last year, with ...
GM just crushed its earnings report, so why are investors fleeing?
Despite surpassing Wall Street expectations in its most recent earnings report, GM’s stock tumbled amid investor concerns ...
Electrek4d
GM’s EV sales surged as the Chevy Equinox becomes a top-seller: Can it keep it up in 2025?
GM’s share of the US electric vehicle market doubled in the fourth quarter as the new Chevy Equinox EV became a top seller.
New car average transaction prices flirt with record highs and GM, Ford EV sales soar
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall ...
GM Authority5d
GMC Sierra EV Deals: Interest-Free Financing In January 2025
GMC Sierra EV deals include interest-free and long-term financing on the premium all-electric pickup truck, plus a nationwide ...
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
GM Q4 earnings beat estimates as EV business turns the corner, company boosts 2025 profit guidance
Challenges still remain for the US automaker in 2025, with its electric vehicle business and manufacturing footprint possibly ...
Green Car Reports2d
GM says its EVs are now "profit positive"
GM announced its 2024 financial results Tuesday, and one of the nuggets from that announcement was a claim that EVs were ...
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.