Tag: General Motors
-
General Motors｜Fort Wayne Assembly Recognized for 30% Cut in Natural Gas Use by U.S. Department of Energy
General Motors August 14, 2024 General Motors (GM) was recognized by the U.S. Department of Energy for a project at its Fort Wayne Assembly plant in Indiana that reduced natural gas consumption by 30% compared to 2019 levels. The project, which repurposes waste heat from generators to heat the plant and protect the emergency sprinkler…
-
General Motors｜2024 Q2 Earnings Release and Guidance Raise
General Motors reported a Q2 2024 revenue of $48 billion and a net income of $2.9 billion, with an EBIT-adjusted of $4.4 billion. The company has revised its full-year net income forecast to $10-11.4 billion and EBIT-adjusted forecast to $13-15 billion, attributing the success to expanded product portfolios and increased market share. Source: General Motors…
-
General Motors｜2024 Q2 Shareholder Letter
General Motors has reported record revenues for the second quarter and first half of 2024, leading to an upward revision of its full-year earnings, free cash flow, and EPS guidance. The company attributes its success to strong North American ICE vehicle sales, expanding EV portfolio, consistent pricing strategies, and new investments enhancing margins and capital…
-
General Motors｜General Motors Announces Q3 2024 Dividend
General Motors Co. has declared a cash dividend of $0.12 per share for the third quarter of 2024, payable on September 19, 2024, to shareholders of record as of September 6, 2024. Source: General Motors (July 23, 2024)