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

GM News

GM earnings preview: Updated guidance, EV-hybrid rollout in focus
Business Business Latest News,Business Business Headlines

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...

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

) 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.

If You’d Invested $5,000 in Brookfield Renewable Partners Stock in 2023, This Is How Much You Would Have TodayTrump's stock bust came even quicker than I expected If You’d Invested $5,000 in Brookfield Renewable Partners Stock in 2023, This Is How Much You Would Have Today

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in BUSİNESS
 

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Choices for Youth eager to help expand integrated youth services in N.L. following Budget 2024 investmentChoices for Youth eager to help expand integrated youth services in N.L. following Budget 2024 investmentExplore stories from Atlantic Canada.
Read more »



Render Time: 2025-01-12 09:40:39