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

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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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