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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%.
GM (GM) reported top and bottom line beats for the fourth quarter, and issued 2024 full-year profit guidance that matched its initial forecast for 2023, as the company looks to shake off the ...
General Motors also posted a 4% sales gain in the U.S. for 2.7 million vehicles -- both posting their highest total since 2019. ... 1 Reason Why GM Stock Is Soaring Above Rival Ford.
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 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 had been spending about $2 billion a year supporting Cruise and has never had a return on its investment since 2016. GM expects this restructuring to lower its spending on Cruise by more than ...
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 continues to chart ... in 2025 to win over skeptics on the stock. GM stock was up 2% in early trading. The company hiked its annual profit forecast. GM sees full-year adjusted ...