General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.
General Motors strong profit and revenue outshine hefty charges tied to China. Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Factory workers at the Canton, Mississippi Nissan plant will be offered voluntary buyout packages in a cost cutting move by the Japanese auto maker. The buyouts are targeted at production lines in Canton and Smyrna,
General Motors (NYSE: GM) today reported full-year 2024 net income attributable to shareholders of $6.0 billion and EBIT-adjusted of $14.9 billion. Fourth-quarter 2024 net income attributable to ...
Shares of automotive manufacturer General Motors (NYSE:GM) jumped 5.8% in the afternoon session after shares of auto companies surged as the new Trump administration pledged its support for the ...
Three separate police shootings that occurred from 2022 to 2024 in Mississippi were justified, the state Attorney General’s Office said in a statement released Friday. “In all three incidents, the Attorney General’s Office found the use of force was ...
Next Week: General Motors Earnings, Fed Policy Meeting and the Government's First Q4 GDP Estimate A look at some of the key business events and economic indicators upcoming next week. GM results ...
Three separate police shootings that occurred from 2022 to 2024 in Mississippi were justified, the state Attorney General’s Office said in a statement released Friday. “In all three incidents ...
The company is not planning for involuntary layoffs and is part of its initiative to cut down global costs by $2.6bn.
General Motors Company (NYSE:GM), a leading American automaker, finds itself at a critical juncture as it navigates the evolving landscape of the automotive industry. While the company has experienced a remarkable surge in its stock price,
Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 in costs globally.
General Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the same period the previous year. The automotive giant's net income was impacted by over $5bn in special charges,