General Motors expects its 2025 adjusted earnings to be in a "similar range" to the company's results this year, CFO Paul Jacobson said Tuesday during the company's investor day.
Jacobson declined to provide specific financial targets until the company formally releases its 2025 financial guidance early next year. "We expect to see the benefits grow in the coming years as the organization continues to embrace more efficient ways to engineer, produce and sell our vehicles," Jacobson said.
GM has reduced its EV variable profit by more than 30 points year-over-year through the third quarter, Jacobson said.