GM earnings preview: Updated guidance, EV-hybrid rollout in focus

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GM Notícia

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Following another strong year in 2023 and positive retail sales growth in 2024, GM investors are counting on the Big Three automaker to keep the earnings...

) investors are counting on the Big Three automaker to keep the earnings momentum going with Q1 results on tap for Tuesday morning.

Though its EV sales were improving in 2024, GM had to take a $1.7 billion hit for losses relating to existing EV inventory in Q4. GM and other legacy automakers' ability to leverage traditional gas powertrain vehicle sales has allowed those companies to weather theMissing from GM's rollout has been hybrids, which have been gaining in popularity recently. GM said in its Q4 earnings call that it will roll out plug-in hybrid tech to some of its vehicles in North America.

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