GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM’s electric vehicles are finally making money — sort of
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
GM's Electric Vehicles Finally Earned More Than They Cost to Make
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
GM just crushed its earnings report, so why are investors fleeing?
Despite surpassing Wall Street expectations in its most recent earnings report, GM’s stock tumbled amid investor concerns ...
Electrek6d
GM’s EV sales surged as the Chevy Equinox becomes a top-seller: Can it keep it up in 2025?
GM’s share of the US electric vehicle market doubled in the fourth quarter as the new Chevy Equinox EV became a top seller.
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
electrive4d
GM minimises losses from electric cars
According to the recently published annual report, General Motors is making progress with the cost structure of its electric ...
GM Authority2d
GM Has Plans In Place If Trump Imposes Canada And Mexico Tariffs
GM says it's ready with several plans if Trump imposes threatened 25-percent tariffs on imports from Canada and Mexico, to ...
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for ...
electrive3h
GM cancels third production shift in Mexico
General Motors has cancelled a production shift at its Ramos Arizpe assembly plant in Mexico, which builds electric cars for ...
GM 2024 bonus checks will be higher than 2023 for some salaried workers: How formula works
An internal document obtained by the Free Press reveals how much more GM will pay out in bonuses to its salaried workforce ...