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  • GM releases full-year and fourth-quarter 2024 results and 2025 guidance . . .
    Includes eliminations of $6 4 billion and $3 0 billion in the years ended December 31, 2024 and 2023 for purchases collections of wholesale finance receivables resulting from vehicles sold by GM to dealers that have arranged their inventory floor plan financing through GM Financial
  • Document - SEC. gov
    DETROIT – General Motors (NYSE: GM) today reported full-year 2024 net income attributable to shareholders of $6 0 billion and EBIT-adjusted of $14 9 billion Fourth-quarter 2024 net income attributable to shareholders was a loss of $3 0 billion and EBIT-adjusted was $2 5 billion
  • GM Will Slash $1 Billion In Cruise Funding This Year
    Following the latest trials and tribulations of Cruise – General Motors’ autonomous driving subsidiary – operating costs for the robotaxi company were swiftly and drastically reduced by hundreds
  • GM Shifts Gears: $1 Billion Savings Eyed with Cruise Shutdown
    The decision coincides with a Q4 2024 $500 million restructuring charge and a $2 9 billion overall loss, with a full integration of Cruise employees into GM projected by mid-2025 GM plans to focus on personal vehicle autonomy, incorporating Cruise's technology into its Super Cruise system
  • 2023 Annual Report - General Motors Company
    ended December 31, 2023, 2022 and 2021 Cruise EBIT (Loss)-Adjusted In the year ended December 31, 2023, EBIT (loss)-adjusted increased primarily due to an increase in development costs as we pursue the development and commercialization of AV technology in the U S and globally GM Financial Years Ended December 31, 2023 vs 2022 Change
  • GM’s Cruise exit frees up cash for buybacks - Investing. com
    The company’s 2025 financial outlook is tied on narrowing electric vehicle losses by $2 billion to $4 billion, and the savings from Cruise are expected to bolster GM’s position in case of
  • GM Ends Cruise Robotaxi Business Amid Heavy Losses
    General Motors (GM) has exited Cruise ride-hailing business after investing over $10 billion Reuters reported that the move to discontinue funding for the GM Cruise robotaxi business is a blow to the giant vehicle manufacturer, which had prioritized advanced technology GM shares increased by 2 3% following the announcement GM Self-Driving
  • GM Q1 2025 Press Release and Financial Highlights
    DETROIT – General Motors (NYSE: GM) today reported first-quarter 2025 revenue of $44 0 billion, net income attributable to stockholders of $2 8 billion, and EBIT-adjusted of $3 5 billion
  • Financial Results and Operational Update
    GM Financial was #1 in manufacturer loyalty for the eighth straight year1 2Q24 Overview 1 Based on January 2016 to December 2023 S P Global Mobility Loan and Lease Return-to-Market Manufacturer Loyalty Data based on disposal methodology in the U S among all major captives
  • gm-20241231 - SEC. gov
    In September 2024, Cruise and NHTSA executed a Consent Order, which imposed a $1 5 million fine on Cruise and requires enhanced reporting and engagement with NHTSA for two years (with an optional third year at NHTSA's discretion)





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