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GM 2021 Sustainability Report – Equitable Climate Actions
The report comes after a Q1 earnings report that showed financial performance that was down for shareholders – at $1.35 per share, off $0.68 compared year-over-year. Overall, Q1 net earnings of $ 2,939,000,000 came from $11 billion in revenue, with a Net Income margin of 8.2%, down 1.1 ppts.* GM’s Q1 market share was 9% on sales of 1.4 million units. Market share was down year-over-year due to semiconductor shortages and lack of dealer inventory. GM has an ambitious strategy that it must execute almost flawlessly to retain its position among other leading global automakers. Continue reading →