-
Recent Posts
- CARB Adopts Rules Supporting Use of E15 Gasoline
- Gasoline Prices Heading for New September Record!
- ACEA – Hybrids Top August EU Car Registrations
- Volkswagen Debuts In-Vehicle Gaming on Some 2027 Models
- By the Seat of Their Pants – Premium Seats Lag in Quality?
- September 2026 Light Vehicle Production Forecast So-So
- California Keeps Growing as It Cuts Climate Emissions Again
- Chrysler Recalls 97,349 Jeeps for Flying Roof Racks
- November Michigan Ballot Proposals – UAW Con and Pro
- Vehicle Affordability Still Worrying Despite Wage Increases
- TRUMPED! AAA – Pump Prices Continue Rising
- Michigan Governor Whitmer Against Trump Tariffs in WSJ
- Annals of Marketing – New User Interface on GM Pickups
- AAA – Annual New Vehicle Ownership Cost at $12,863 Up ~11%
- Indy 500 Winner Rosenqvist to Be Honored in Värnamo
Recent Comments
- NHTSA on Steering Loss – Ford Recalls F-Series Trucks
- AAA on AAA – August 20 Gasoline Prices Highest Ever!
- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
Archives
Meta
Tag Archives: GM Chief Financial Officer Paul Jacobson
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 →
Posted in auto news, car sharing, connected vehicles, economy, financial results, manufacturing, marketing, mobility company, news analysis, results, sales
|
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Escalade IQ, GM 2024 Earnings, GM Chair and CEO Mary Barra, GM Chief Financial Officer Paul Jacobson, Ken Zino, X @KenAutoinformed
|
Leave a comment
GM Posts $2.6B Q1Net on $46.3B Revenue. Ups Guidance
“We have solid momentum in our core operations. We maintained overall sales leadership in the U.S. and Canada. We led the U.S. industry in full-size pickup sales and share, with 42% of the market, and we were #1 in Fleet, including Commercial deliveries. In addition, we were Number Two in EVs with growing market share, and Number One in Canada,” said CEO and Chair Mary Barra. Continue reading →