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GM's strong performance also resulted in the company lifting its 2024 guidance. The company now sees full-year adjusted EBIT of $12.5 billion-$14.5 billion, up from an outlook of $12 billion-$14 ...
June 11, 2024 at 8:35 AM. David Paul Morris. DETROIT — General Motors on Tuesday announced a new $6 billion stock repurchase authorization has been approved by its board. The new buyback ...
A Little Good News for General Motors Investors. Daniel Miller, The Motley Fool. June 15, 2024 at 11:29 AM. Don't look now, but General Motors(NYSE: GM) has quietly had a strong start to 2024 with ...
General Motors Company ( GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, GMC, Cadillac, and Buick. By terms of sales, it was the largest automaker in the United States in 2022 ...
GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009, at approximately 8:00 am EDT. June 1, 2009, was the deadline to supply an acceptable viability plan to the U.S. Treasury. The filing reported US$82.29 billion in assets and US$172.81 billion in debt.
Mary Teresa Barra (née Makela; born December 24, 1961) is an American businesswoman who has been the chair [1] and chief executive officer (CEO) of General Motors since January 15, 2014. [2] She is the first female CEO of a 'Big Three' automaker. [3] [4] [5] In December 2013, GM named her to succeed Daniel Akerson as CEO. [3]
June 11, 2024 at 12:39 PM. GM trims 2024 EV forecast amid slower-than-expected demand. General Motors is trimming its expected sales and production of all-electric vehicles this year, as U.S ...
EVs were in the backseat Tuesday, though. GM beat analysts’ expectations and raised its profit projections by half a billion dollars, to a target range of $12.5–$14.5 billion, largely off the ...
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