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CNBC's Phil LeBeau catches up with GM CEO Mary Barra during the Detroit automaker's Investor Day on Tuesday.
General Motors Company (NYSE:GM) expects its 2025 adjusted earnings to be in a “similar range” to its results this year, CFO Paul Jacobson told investors on Tuesday. The automaker is targeting adjusted earnings before interest and taxes (EBIT) in the range of $13 billion to $15 billion, or $9.50 to $10.50 per share.
GM used its Investor Day to try to prove it's in a unique position to outperform the industry and Wall Street's expectations with its all-electric vehicles and traditional internal combustion engine vehicles. CEO Mary Barra said the company will focus on scale, capital efficiency and cost discipline.
This auto business is taking market share in EVs and is holding its own in high-end vehicles.
General Motors (GM, Financial) experienced a 2% increase in stock price, reaching $46.93. This rise comes after statements made by GM's CFO during the company's Investor Day, indicating that the adjusted earnings for 2025 are expected to be on par with this year's figures.
General Motors' future looks promising, but how you play the stock will depend on your investment horizon and risk tolerance.
General Motors (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
General Motors Company (NYSE:GM) is rebranding its Ultium electric vehicle (EV) battery technology as it is reportedly reevaluating its EV battery strategy. The company said its EV batteries and technologies will remain the same but not under the Ultium name.
FORT WORTH, Texas--(BUSINESS WIRE)--Last month, GM Financial helped eight students from Fort Worth's Young Women's Leadership Academy (YWLA) visit their dream colleges through its Big Dreams, Will Travel grant. Campus visits are an important step in helping prospective students determine if a school fits their individual needs. However, for some, the numerous costs associated with touring campuses prevent families from ever planning trips. Big Dreams, Will Travel was created to help lessen the.
Can this legendary American automaker finally shake its multidecade funk?