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GM's strong performance also resulted in the company lifting its 2024 guidance. The company now sees full-year adjusted EBIT of $12.5 billion-$14.5 billion, up from an outlook of $12 billion-$14 ...
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 ...
GM Financial adjusted pretax income was up 1.4% to $1.6 billion. GM China equity income showed a loss of $210 million compared with a gain of $161 million in the year-ago period.
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
During the Great Recession and economic uncertainty that followed, unionized automotive workers accepted concessions to allow GM and other companies to recover. Though GM has since received large tax breaks and returned to profitability, worker compensation remained stagnant, and the UAW took umbrage with the company's decisions to shutter American facilities and move some jobs abroad.
General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac.
The market outlook itself — we're right around [a 16 million annual run rate, or total number of cars sold in the US] here, plus or minus, going into the next year, I think. So maybe 16.2 ...
Detroit, Michigan. , United States. Motors Liquidation Company (MLC), formerly General Motors Corporation, was the company left to settle past liability claims from Chapter 11 reorganization of American car manufacturer General Motors. It exited bankruptcy on March 31, 2011, only to be carved into four trusts; the first to settle the claims of ...