GM Earnings Rose Sharply in 2021

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General Motors announced it would accelerate its electric-vehicle efforts as the company anticipates a sharp rise in demand WSJWhatsNow

General Motors Co. said it plans to accelerate the timetable for some electric-vehicle launches and will establish a third factory to build plug-in trucks, anticipating a sharp rise in demand for EVs.

The disclosure follows mounting questions from Wall Street about whether the auto maker is moving quickly enough to get a planned wave of electric vehicles to market. Chief Executive Mary Barra used the company’s fourth-quarter earnings call Tuesday to further detail GM’s plans.

 

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Guess they've fixed that battery problem. Or are they just going to turn them loose on the public and let the customer/dealer deal with it as usual

Good graphical data presentation. Loads to learn.

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Mary Barra Makes GM’s Electric Future Clearer As Company Reports 2021 ProfitIt's clearer than ever the engine driving General Motors Co. are cars and trucks powered by electric motors. That was the message from GM chair and CEO Mary Barra in discussing the company's 2021 full year and fourth quarter financial results Tuesday.
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What investors should know ahead of GM's fourth-quarter earningsGM is expected to report a relatively positive fourth-quarter profit after the markets close Tuesday, capping off an unprecedented year of supply chain issues.
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