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 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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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

Microsoft

GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority investors.

Microsoft will take an $800M hit over Cruise robotaxi shutdown

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker's decision to do so was still a disappointing end for an operation that GM had touted as a potential $50 billion revenue generator by 2030.

Wall Street mostly upbeat on GM's decision to pull the plug on Cruise

Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its autonomous driving strategy.

Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM's Cruise robotaxi unit back in 2021.

Here's how much of a hit Microsoft is taking with its investment in GM's Cruise

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor's now-scrapped robotaxi program Cruise.

Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi Program

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business, the tech giant said in a filing on Wednesday.

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit

Honda

Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions, reports The Nikkei.

Honda cuts funding to robotaxi venture with Cruise and GM in Japan

General Motors Co  (NYSE:GM) stock is down 1.3% to trade at $52.07 at last check, amid news that the company stopped funding the development of its Cruise robotaxi.

General Motor Stock Lower After Ditching Robotaxi Unit

GM exited Cruise robotaxis after sinking $10 billion into their development. The post GM Stock Slides After Robotaxi U-Turn But Analysts See Upside appeared first on Investor's Business Daily.

GM Stock Slides After Robotaxi U-Turn But Analysts See Upside

The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company's announcements channel along with a link to a press release entitled “GM to refocus autonomous driving development on personal vehicles.”

Cruise employees ‘blindsided' by GM's plan to end robotaxi program

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car subsidiary Cruise and combine it with the automaker's own efforts to develop driver assistance features — and eventually fully autonomous personal vehicles.

GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles

DALLAS--(BUSINESS WIRE)--Safety advocate and attorney Amy Witherite, whose firm specializes in motor vehicle accidents, says that General Motor's decision to halt its Cruise robotaxi program should serve as a warning to regulators and the public, that self-driving technology is not to put on our streets and highways. Cruise vehicles had been undergoing testing in Dallas and Houston. The decision to stop the robotaxi program comes at a time when other companies are testing self-driving 18-wheele.

Safety Expert Amy Witherite Calls for Greater Oversight Following GM's Decision to Scrap Robotaxi in Texas and Georgia

Cruise founder Kyle Vogt criticized GM's decision to pull robotaxi funding. GM's decision to divest from Cruise comes as other tech giants forge ahead with robotaxi plans.

Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup

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Here's Why General Motors (GM) is a Strong Value Stock

General Motors just pulled the plug on Cruise's robotaxi dreams. The self-driving venture has been in doubt since a pedestrian was seriously injured last year.

GM's Cruise U-turn is a sign of just how hard the robotaxi game really is

General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle production. I previously rated GM stock a strong buy due to double-digit revenue growth and significant EV delivery momentum, despite concerns about the EV market slowdown. GM's restructuring allows the company to reinvest in its EV division or return cash to shareholders, enhancing long-term value.

General Motors: Cruise Cancellation Is Not A Big Deal

General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it.

GM's Cruise exit turns focus on challenges of scaling robotaxis

General Motors Co. (NYSE: GM) has walked away from what many auto experts believe is a critical part of the industry's future just as Tesla Inc.

GM Walks Away From Robotaxis

General Motors (GM) said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed in an increasingly competitive market.

GM Abandons Cruise Robotaxi Program

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GM Drops Out Of The Robotaxi Race. Who Will Win?

GM is halting Cruise robotaxi development, merging it with its own technical team. The decision follows safety issues, regulatory challenges, and intense competition in the field.

GM gives up on robotaxis after a string of troubles with Cruise

General Motors (GM) concluded the recent trading session at $52.74, signifying a +0.06% move from its prior day's close.

General Motors (GM) Advances While Market Declines: Some Information for Investors

GM cited "considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market."

GM pulls plug on Cruise robotaxi after investing more than $10B in self-driving business

General Motors has bailed on its Cruise robotaxis, citing the amount of time and resources needed to scale the business and an “increasingly competitive” market for autonomous vehicles.

How GM's self-driving strategy is evolving as it gives up on Cruise business

The company said it would now focus its efforts on developing fully autonomous vehicles for personal use.

News for General Motors Stock (GM)