Tag Archives: Escalade IQ

GM Posts Record 2024 EBIT, EPS and Cash Flow

General Motors (NYSE:GM) today posted full-year 2024 net income attributable to shareholders of $6.0 billion at an EBIT-adjusted $14.9 billion. Full-year revenue increased ~9% to $187.4 billion. Investors in GM earned a 50% total return as GM ended the year with an outstanding share count of 995 million ahead of its announced buyback plan. Fourth quarter net income was reduced by more than $5 billion in special charges, primarily by $4 billion of non-cash restructuring charges and impairment of GM interests in certain China Joint Ventures, and $0.5 billion in charges related to the decision to stop funding the Cruise robotaxi business. Continue reading

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Cadillac VISTIQ Three Row SUV to Join EV Lineup

“VISTIQ adds another compelling EV to the Cadillac lineup, reinforcing our commitment to an electric future,” said John Roth, vice president of Global Cadillac. “Our brand now has an EV entry in most luxury segments, offering customers a range of choices, and Cadillac EVs will cover most luxury SUV segments across critical global markets in the next two years.” Continue reading

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Annals of Electric Marketing – Cadillac Escalade IQ

Cadillac today released a teaser video of the all-new Escalade IQ ahead of its official reveal on 9 August 2023. As the brand’s first all-electric full-size SUV, Cadillac claims that Escalade IQ represents the reinvention of Cadillac’s most iconic nameplate. 

Well, Escalade is an SUV that is longer than Scorsese’s Irishman, and likely far more profitable. Continue reading

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