General Motors swings to fourth quarter loss on toughening China conditions, but tops expectations
 · 1dBill McEwen
General Motors Swings to 4th Quarter Loss on Toughing China Conditions
General Motors swings to fourth quarter loss on charges related to China, but tops expectations
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General Motors Q4 loss hits $2.96bn due to China charges
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,
GM’s 100-year-old China business can’t keep up with the EV boom there
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
GM’s China Moves Hit Bottom Line
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for GM.
General Motors Q4 Earnings: Revenue And EPS Beat, Takes $5 Billion Hit On China & Robotaxi Woes
General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating the street view of $1.
Guernsey Press1d
China charges weigh on General Motors but profit and revenue top expectations
Last month the vehicle manufacturing giant warned that the poor performance of its Chinese joint ventures would force it to write down assets.
General Motors says making ‘good progress’ in China
Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the
GM's Adjusted Earnings Top Estimates After Billions in China, Cruise Charges
General Motors posted better fourth quarter revenue and adjusted earnings than analysts had expected, as it recorded billions in one-time charges because of recent changes to the automaker's business plans.
General Motors Q4 results on deck: Analysts expect double-digit profit growth, tariff talks in focus
General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts expecting a double-digit growth in pro
General Motors Stock Has One Major Drawback
In fact, Detroit's largest automaker consistently topped Wall Street estimates and raised guidance while crosstown rival Ford Motor Company grappled with higher warranty costs. General Motors rewarded investors with a 48% gain in 2024,
Free Malaysia Today2d
GM reports loss on China hit, projects higher 2025 profits
In Q4, GM reported a loss of US$3 billion compared with profits of US$2.1 billion in the year-ago period. Revenues rose 11% to US$47.7 billion. The company projected 2025 earnings of between US$11 and US$12 per share, above analyst expectations.
Kokomo Tribune22h
GM workers to receive record setting profit-sharing checks
Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,