General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.
Denmark boosts Arctic defense spending by $2.05 billion to counter Russia and China threats, enhancing surveillance and NATO missions.
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 ( GM -0.57%) turned in a strong 2024 on the back of rising sales. 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, compared to Ford's 18% decline.
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
GM says it’s prepared for tariffs and discontinued EV incentives, but what about the nation’s EV charging network?
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, but shares fell sharply in trading Tuesday as investors weighed the threat of tariffs that could hit the automaker's business.
Denmark's prime minister plans stops in Berlin, Paris and Brussels on tour of European capitals as Copenhagen moves to strengthen its presence in Greenland.
Says investments will depend on market demand. Expects strong free cash flow generation in 2025. Expects to follow “similar” capital allocation
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street