Search results
Results from the WOW.Com Content Network
GM also forecast total US auto industry sales to hit 16 million in 2024, which would be a strong improvement post-pandemic; only 13.4 million vehicles were sold in 2022, the lowest in a decade.
GM stock hit a 52-week high of $61.24 in December and is up 47% year to date — far ahead of its Big Three peers. Ford's stock is down 15% in 2024, while Stellantis shares have dropped nearly 40%.
Jacobson told Yahoo Finance the company would stay aggressive on buybacks in 2025.. In Q3, GM delivered 659,601 vehicles, down 2% compared with a year ago; however, retail sales were up 3%. GM ...
General Motors kept ... The company posted adjusted earnings per share of $2.62, above forecasts for $2.12, with adjusted EBIT (earnings before interest and taxes) of $3.9 billion. GM's Q1 ...
General Motors chair and CEO Mary Barra served up a big message to investors on Wednesday. ... The company forecast 2023 net earnings of $9.1 billion to $9.3 billion, down from $9.3 billion to $10 ...
GM's stock has outperformed its rivals and the S&P 500 in 2024. The company's share price has increased 38% this year as of Monday, while cross-town rival Ford Motor has notched an 18% increase ...
General Motors shares jumped after the automaker reported profit jumped in the fourth quarter, driven again by record revenue and strong demand. GM stock pops after fourth quarter sales, profits ...
Jacobson said GM will continue to execute share repurchases in 2025 to win over skeptics on the stock. GM stock was up 2% in early trading. The company hiked its annual profit forecast.