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Despite a $2.96 billion loss, GM surpassed earnings and revenue forecasts, with plans for new EVs in 2025.
General Motors (GM) reported a fourth-quarter loss of $2.96 billion due to charges related to its Chinese joint ventures, but exceeded Wall Street's profit and revenue expectations.
Adjusted earnings per share were $1.92, surpassing the predicted $1.85, with revenue reaching $47.7 billion.
GM's CEO, Mary Barra, noted a doubling of electric vehicle market share in 2024 and plans for three new Cadillac EVs in 2025.
Despite challenges, GM anticipates 2025 earnings of $11 to $12 per share, and hourly employees will receive record profit-sharing payments.
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A pesar de una pérdida de $2.960 millones, GM superó las ganancias y las previsiones de ingresos, con planes para nuevos vehículos eléctricos en 2025.