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GM had big plans for Cruise, which it bought eight years ago. The company had predicted $1 billion in annual revenue by 2025 — a big jump from the $106 million last year.
General Motors reported much stronger than expected third-quarter earnings and gave an outlook that puts it on the path for record earnings in 2024 – just a year after a costly strike by members ...
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General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
If the stock does not currently pay a dividend, like many growth stocks, more general versions of the discounted dividend model must be used to value the stock. One common technique is to assume that the Modigliani–Miller hypothesis of dividend irrelevance is true, and therefore replace the stock's dividend D with E earnings per share ...
General Motors Co. (NYSE: GM) announced Monday that it is suspending the quarterly cash dividend on its common stock and suspending its share repurchase program to preserve near-term available ...
BrightDrop is a subsidiary [2] business created by the American manufacturer General Motors in 2021. [3] The business offers a system of connected products targeting first- and last-mile delivery customers, including light commercial electric vehicles, ePallets, and cloud-based software.
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