Tag: Paul Jacobson

Finance

General Motors cuts 500 salaried employees

03/01/2023
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Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors is cutting hundreds of salaried positions as it follows other major companies, including competitors, in downs...

Finance

General Motors expects to boost EV production in second half

02/01/2023
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Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a vari...

Finance

Barra expects EV profit to be comparable to gas vehicles by 2025

11/17/2022
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Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE General Motors expects its new electric vehicle profits to be in-line with cars and trucks with traditional engines by 2025 – years ahe...

Finance

General Motors (GM) earnings Q3 2022

10/25/2022
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DETROIT – General Motors easily beat Wall Street’s earnings expectations during the third quarter, while signaling caution and confirming its full-year results are likely to come in near the ...

Finance

Key takeaways from GM’s Q4 results and 2022 guidance

02/02/2022
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DETROIT – General Motors’ fourth-quarter earnings beat Wall Street’s expectations and its 2022 guidance pleased analysts, after CEO Mary Barra assured analysts the company would earn near-...

Finance

General Motors (GM) earnings Q4 2021

02/01/2022
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General Motors said it expects to generate an operating profit this year of between $13 billion and $15 billion as a semiconductor shortage that marred vehicle production and sales for most of last ye...

Finance

What investors should know before Tuesday’s fourth-quarter earnings

02/01/2022
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General Motors CEO Mary Barra speaks at the General Motors Factory ZERO electric vehicle assembly plant on November 17, 2021 in Detroit, Michigan. Nic Antaya | Getty Images DETROIT – General Motors is...