Revenue segments as reported by the company.

Automotive

Leased vehicle income

Finance charge income

Other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

GM Financial expenses

Automotive & Other SG&A

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

General Motors

GMC is a division of the American automobile manufacturer General Motors (GM) that primarily focuses on trucks and utility vehicles. GMC sells pickup and commercial trucks, buses, vans, military vehicles, and sport utility vehicles marketed worldwide by General Motors.

Chevrolet is an American automobile division of the American manufacturer General Motors (GM). Chevrolet-branded vehicles are sold in most automotive markets worldwide.

Chevrolet

Cadillac is a division of the U.S.-based General Motors (GM) that markets luxury vehicles worldwide. Its primary markets are the United States, Canada, and China, but Cadillac-branded vehicles are distributed in 34 additional markets worldwide. Historically, Cadillac automobiles have always held a place at the top of the luxury field within the United States. In 2017, Cadillac's U.S. sales were 156,440 vehicles and its global sales were 356,467 vehicles.

Cadillac

Buick is an upscale automobile brand of the American manufacturer General Motors (GM). For much of its existence in the North American market, Buick has been marketed as a premium automobile brand, selling luxury vehicles positioned above GM's mainstream brands, while below the flagship luxury Cadillac division. Buick-branded vehicles are also known for reliability, ranking high in Consumer Reports' brand reliability ratings.

Buick

General Motors Co. engages in the designing, manufacturing, and selling of trucks, crossovers, cars, and automobile parts, and in providing software-enabled services and subscriptions. It operates through the following segments: GMNA, GMI, Cruise, and GM Financial. The company was founded by William C. Durant on September 16, 1908 and is headquartered in Detroit, MI.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

GM reports record earnings, eyes EV growth and operational efficiency

General Motors (GM) delivered strong financial performance in Q4 2022, with record results and market share growth, setting the stage for a promising 2023.
Despite challenges such as potential revenue growth slowdown and cost management, GM's focus on EVs, operational efficiencies, and strategic partnerships presents growth opportunities.
The company's strengths in EV portfolio expansion, quality focus, and fleet sales, coupled with opportunities in Cruise services and EV tax benefits, position GM for continued success.
GM's performance, strengths, and strategic outlook underscore a resilient and forward-thinking approach to navigate market dynamics and drive sustainable growth.

GM excels in Q1 earnings, targets EV growth and cost efficiency

General Motors (GM) delivered a strong performance in Q1 2023, focusing on EV production, cost reductions, and margin improvements. The company is strategically positioning itself to navigate challenges in China and capitalize on growth opportunities in the EV market.

GM reports robust Q2 earnings, focuses on EV growth and profitability

General Motors (GM) delivered a strong Q2 performance, raising full-year guidance across key financial metrics and emphasizing growth strategies in EVs and autonomous vehicles. Despite facing challenges with automation delays and pricing management, GM remains optimistic about its product portfolio and market opportunities.

General Motors reports robust Q3 earnings, commits to all-EV future

General Motors showcases strong financial performance with a focus on EV profitability and sustaining margins. The company leads in key vehicle segments, commits to an all-EV future, and aims to optimize operations for continued growth. GM faces challenges in managing inflationary pressures and labor costs but sees opportunities in unlocking value and enhancing EV margins.

GM reports robust 2023 performance, eyes EV growth and cost efficiency

General Motors (GM) showcased a strong financial performance in 2023, emphasizing success in both ICE and EV segments. The company is focused on cost discipline, shareholder returns, and strategic growth initiatives. GM's outlook for 2024 includes continued profitability and innovation across its product portfolio.

GM excels in Q1 with strong EV growth and China focus

General Motors (GM) reported strong Q1 2024 performance, emphasizing growth in North America and significant progress in EV production and deliveries.
The company's strategic focus on profitability, EV strategy, and customer demand highlights its competitive positioning and commitment to innovation.
While facing challenges like pricing headwinds and evolving EV margins, GM is leveraging opportunities in China and focusing on agile cost adjustments.

General Motors (GM) reports robust Q2 earnings, navigates China challenges

General Motors (GM) delivered a strong performance in Q2 2024, driven by its ICE business and EV portfolio growth. While facing challenges in the China market, GM is strategically adjusting to ensure profitability. The company's focus on cost containment, margin improvement, and EV market opportunities positions it well for future growth.

General Motors reports strong Q3 earnings and focuses on EV growth

General Motors (GM) is on track to meet its financial targets for the year, with a strong focus on EVs and operational efficiency. Despite facing challenges in cost management, GM is actively pursuing opportunities in EV sales growth and market expansion in China.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F) are adjusting their strategies in response to changes in US government tax credits for electric vehicles (EVs). GM is offering a $7,500 incentive on its EVs, which recently lost eligibility for a federal tax credit, except for the Chevrolet Bolt.

General Motors to offer $7,500 EV incentives

BYD Co Ltd

Fisker Inc

Nikola

QuantumScape

Tesla

There's a new No. 1 company in the EV sales race, and it might not be the one you'd expect.

Why Investors Slammed the Brakes on U.S. Electric Vehicle and Associated Stocks Today

General Motors Co reported on Wednesday that its US vehicle sales rose 14.1% last year, marking the automaker's best annual performance since 2019.  GM revealed it sold roughly 2.6 million vehicles in 2023, including 625,176 cars and trucks in the fourth quarter.

GM US vehicle sales hit four-year high in 2023

General Motors (GM) shares dropped 1.8% in intraday trading Wednesday as the carmaker announced it would offer $7,500 in incentives to buyers of its electric vehicles (EVs) that are now ineligible from receiving government EV tax credits.

GM Offers $7,500 Incentive To Make Up for Lost EV Tax Credits From New US Rules

In 2023, GM battery-electric-vehicle sales nearly doubled. Yes, EV sales growth overall is indeed down, but demand remains steadfast.

GM's EV Sales Are Booming Because Demand Is Just Fine

Ambarella

Luminar Technologies

As the year 2024 begins, the investment environment is brimming with potential, notably in the field of autonomous driving. Among them, a handful stand out as the most exciting and hottest autonomous driving stocks, catching the attention of astute investors.

The 3 Hottest Autonomous Driving Stocks to Watch in 2024

AutoZone

FedEx

General Mills

NIKE

Pfizer

Starbucks

The start of a New Year is a good time to scrutinize a portfolio and make some adjustments including adding undervalued stocks. Stocks that enjoyed big runs last year may cool off, requiring investors to search out securities they can buy low in hopes of eventually selling at a higher price.

7 Most Undervalued Stocks to Buy Now

The Detroit automaker shrugged off a hit from a costly auto strike to report 2023 US new vehicle sales of 2,594,698 units, up 14.1% from last year.

GM retains crown as top-selling US automaker in 2023 despite costly strike

Shares of General Motors Co. GM, -2.51% took a 2.5% dive in midday trading Wednesday, even as the automaker said it sold 2.6 million vehicles in the U.S. in 2023, up 14% from a year ago and enough to lead the industry in total sales. GM said it grew market share by 0.3 percentage points in 2023, and said electric vehicle sales increased 93% to 75,883 EVs.

GM sold 2.6 million autos in 2023 with EV sales rising 93%, but stock dives

The nation's largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.

General Motors Reports a 14% Jump in U.S. Auto Sales in 2023

General Motors' U.S. vehicle sales increased 14.1% last year to represent the automaker's best year since 2019.

GM's 2023 U.S. vehicle sales were its best since 2019

General Motors said Wednesday it is offering $7,500 incentives on its electric vehicles that lost a U.S. government tax credit this week.

GM offers $7,500 incentive for EVs losing tax credit

Ford Motor Company

Ford took a $2.7 billion impairment charge on Argo AI. California has suspended GM's Cruise's permits for driverless testing and deployment.

As GM's Cruise Headaches Continue, Maybe Ford Was Right All Along?

NEW YORK , Jan. 2, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of General Motors Company (NYSE: GM) between February 2, 2022 and October 26, 2023, both dates inclusive (the "Class Period"), of the February 6, 2024 lead plaintiff deadline. SO WHAT: If you purchased GM securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A TOP RANKED LAW FIRM, Encourages General Motors Company Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action - GM

Li Auto Inc.

XPeng

Investors who bought the rumors on Chinese electric vehicle (EV) stocks sold the news, as strong deliveries led to selling pressure. Nio (NYSE: NIO ) was down 1%, XPeng (NASDAQ: XPEV ) was down 2.1%, and Li Auto (NASDAQ: LI ) was down nearly 5% in pre-market trading this morning.

Why Are Chinese EV Stocks Down Today?

LOS ANGELES, CA / ACCESSWIRE / January 1, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against General Motors Company ("General Motors" or "the Company") (NYSE:GM) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 2, 2022 and October 26, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before February 6, 2024.

SHAREHOLDER ACTION DEADLINE: The Schall Law Firm Encourages Investors in General Motors Company with Losses In Excess of $100,000 to Contact the Firm

The world is rapidly transitioning towards electrification, and the sales of battery-electric vehicles in the country hit over the 1 million mark in 2023 but the last few months saw a slowing demand. The year ended with low demand, lower production, and companies cutting down on their EV investments.

The 3 Hottest EV Stocks to Watch in 2024

NEW YORK--(BUSINESS WIRE)---- $GM #GM--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of General Motors Company (NYSE: GM) between February 2, 2022 and October 26, 2023, both dates inclusive (the “Class Period”), of the February 6, 2024 lead plaintiff deadline. SO WHAT: If you purchased GM securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT:.

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages General Motors Company Investors to Secure Counsel Before Important Deadline in Securities Class Action – GM

NEW YORK--(BUSINESS WIRE)---- $GM #classactionlawsuit--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of Michigan on behalf of those who acquired General Motors Company (“GM” or the “Company”) (NYSE: GM) securities during the period from February 2, 2022 through October 26, 2023, inclusive. Investors have until February 6, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Cruise LLC (“Cruise”) is GM's m.

Kirby McInerney LLP Reminds Investors That a Class Action Lawsuit Has Been Filed on Behalf of General Motors Company (GM) Investors and Encourages Investors to Contact the Firm Before February 6, 2024

Stellantis N.V. 

Let's look back at some of the most important automotive stories of 2023, including UAW-Detroit 3 standoff, Tesla's NACS wave and more, which grabbed the headlines.

A Flashback of the Biggest Auto Sector Stories of 2023

In the case filed in California Superior Court in San Francisco, GM is seeking $108 million in back taxes over the course of seven years, as well as $13 million in penalties and interest, according to the complaint.

GM sues San Francisco, seeking $121 million in back taxes, penalties

If you suffered losses exceeding $100,000 investing in General Motors stock or options between February 2, 2022 and October 26, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/GM.

GENERAL MOTORS INVESTOR DEADLINE APPROACHING: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In General Motors To Contact Him Directly To Discuss Their Options

The Detroit auto maker claims it has been unfairly taxed $108 million over seven years despite having no employees or physical presence in the city.

GM Sues San Francisco Over Tax Bill. Why the City Has More to Lose.

Ferrari

The automotive industry is one of the most important sectors for economic growth. With several automakers moving towards electrification, there are mixed opinions about the future of the industry.

Top 3 Automotive Stock Picks for the New Year

Bank of America

B2Gold

Canaan Inc.

Carnival

Chewy

First Solar

While inflation may have been the theme of 2022, disinflation could be the defining label for the outgoing year, thus warranting a closer examination of stocks to buy for lower interest rates. To be sure, you want to be careful about betting too heavily on the monetary policy pivot.

News for General Motors Stock (GM)