GM CFO: We are driving toward EV profits

General Motors News

GM CFO: We are driving toward EV profits
Canada Latest News,Canada Headlines
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

General Motors continues to chart a path ward EV profits.

in its EV profitability in 2025. This comes as the company is finally gaining traction in its electric vehicle business after years of investment, due to some cost rationalization and assistance from government tax credits.

Adjusted earnings per share of $2.96 improved 29.8% versus a year ago, well ahead of consensus forecasts for $2.43. Earnings were in part fueled by GM's ongoing aggressive share repurchase activity — in the quarter it reduced its share count by 19% from the prior year. WARSAW, Poland — Poland’s foreign minister said Tuesday that he is ordering the closure of one of three Russian consulates in the country in response to acts of sabotage including arson attacks that he said were sponsored by Moscow.Surgery schedules around the country may be washed out for several more weeks while a crucial IV and sterile fluids factory remains shut down for hurricane-related damage.

AM Best Associate Director Discusses How Technology Is Shaping Delegated Underwriting Authority Enterprise Segment on Insurtech Podcast

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

General Motors earnings: 3 things investors will be watchingGeneral Motors earnings: 3 things investors will be watchingAutomotive giant General Motors (GM) is set to release its third quarter earnings results on Tuesday, October 22, before the market opens. Yahoo Finance...
Read more »

Canada's Unifor union ratifies new labor deal with General MotorsCanada's Unifor union ratifies new labor deal with General MotorsUnifor members at the CAMI Assembly and Battery Assembly plants in Ontario have ratified a new collective agreement with General Motors that achieves...
Read more »

Unifor union ratifies two-year contract with General MotorsUnifor union ratifies two-year contract with General MotorsUnifor Local 88 members voted 95.7% in favor to ratify the contract which will see workers’ pay rise 10% immediately with a 2% increase in September 2025 and an additional 3% increase in July 2026
Read more »

General Motors, Nike, Alaska Airlines: Stocks in focusGeneral Motors, Nike, Alaska Airlines: Stocks in focusMorning Brief co-hosts Seana Smith and Brad Smith dive into three trending tickers capturing market attention. General Motors (GM) faces headwinds as...
Read more »

General Motors downgraded at BernsteinGeneral Motors downgraded at BernsteinGeneral Motors (GM) shares slipped slightly Monday afternoon. The automaker was downgraded to Market Perform from Outperform at Bernstein, with analyst...
Read more »

General Motors CEO Mary Barra assures investors more profitable days are aheadGeneral Motors CEO Mary Barra assures investors more profitable days are aheadCEO says profit margins haven’t peaked on traditional internal combustion engine powered vehicles, and its EV sales are ramping up
Read more »



Render Time: 2025-02-18 18:57:04