General Motors cut a total of about 1,000 salaried and hourly employees early Friday morning as part of the new salaried ...
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...
General Motors (GM) will push back production of new electric vehicle (EV) motors at its St. Catharines, Ontario plant by 16 months, with operations now slated to begin in 2027. The automaker ...
General Motors CEO Mary Barra said the automaker is closely watching the proposed policies of both U.S. presidential candidates in the days ahead of the Nov. 5 election because the outcome could ...
Copyright 2024 The Associated Press. All Rights Reserved. FILE - A 2024 Chevrolet Silverado 2500 HD Custom truck is shown at the Pittsburgh International Auto Show in ...
GM shares hit their highest since February 2022 GM's Q3 adj. EPS of $2.96 exceeds estimates of $2.43 China operations to be restructured; lost $137 mln in Q3 To offset softer pricing next year ...
Truck and SUV profits underpin GM's profits GM previously reported a slight fall in vehicle deliveries, roughly in line with an industry dip in the three months ending September 30. But average ...
General Motors shares traded at their highest level since January 2022. General Motors (GM) shares surged Tuesday after the biggest U.S. carmaker posted better-than-expected results and raised its ...
For 2024, GM said it will produce and wholesale 200,000 EVs. Jacobson reaffirmed a target of hitting "positive variable profits" for the EV division this year. Next year, GM will roll out new EVs ...
GM reported pretax income rose 15.5% and revenue shot up 10% as it held its average prices high and costs in check. But there ...
In the fourth quarter, GM says its EVs will be variable profit positive, meaning it's able to cover the cost of producing the vehicles. Executives expect to produce and wholesale about 200,000 EVs ...
That means GM is selling cars at higher average prices this year than it was in 2023. Its average transaction price in North America reached nearly $50,000. GM last year estimated that the strike ...