Reported 3 days ago
General Motors (GM) reported robust fourth-quarter earnings, exceeding expectations with revenue of $47.70 billion and an adjusted EPS of $1.92, driven by the success of its electric vehicle (EV) division and improved performance in China. Despite these positive results, the company faces challenges in 2025, including potential impacts from new White House regulations on its EV operations. GM has raised its profit guidance for 2025, projecting earnings between $13.7 billion and $15.7 billion, although they remain cautious regarding factors like tariffs and federal EV tax credits.
Source: YAHOO