DETROIT, Jan. 28, 2025 /PRNewswire/ -- General Motors (NYSE: GM) today reported full-year 2024 net income attributable to shareholders of $6.0 billion and EBIT-adjusted of $14.9 billion. Fourth-quarter 2024 net income attributable to shareholders was a loss of $3.0 billion and EBIT-adjusted was $2.5 billion.

Fourth quarter net income was reduced by more than $5 billion in special charges driven primarily by $4 billion of non-cash restructuring charges and impairment of our interests in certain China Joint Ventures, and $0.5 billion in charges related to the decision to stop funding the Cruise robotaxi business.

DETROIT, Jan. 27, 2025 /PRNewswire/ -- General Motors (NYSE: GM) announced today that its Board of Directors has declared a quarterly cash dividend on the company's outstanding common stock of $0.12 per share, payable March 20, 2025, to holders of the Company's common stock at the close of trading on March 7, 2025.

General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.

WASHINGTON, Jan. 7, 2025 /PRNewswire/ -- GM Defense is providing next generation Suburban Shield armored vehicles to the Qatar Armed Forces and Special Forces Command for protected diplomatic security and VIP transport.

The Suburban Shield is based on General Motors' full-size pickup truck and sport utility vehicle architecture. The vehicle features a high percentage of commercial parts, including the body, exterior, propulsion, interior, and brakes.

Suburban Shield includes a new and unique body-on-frame chassis and suspension system, designed to support increased vehicle weight and performance requirements. The vehicle leverages digital engineering and GM's global quality management system to realize efficiencies throughout the development phase while ensuring the highest levels of quality and performance.

WASHINGTON, Jan. 7, 2025 /PRNewswire/ -- GM Defense is providing next generation Suburban Shield armored vehicles to the Qatar Armed Forces and Special Forces Command for protected diplomatic security and VIP transport.

The Suburban Shield is based on General Motors' full-size pickup truck and sport utility vehicle architecture. The vehicle features a high percentage of commercial parts, including the body, exterior, propulsion, interior, and brakes.

MONTREAL, Dec. 17, 2024 /CNW/ - Canada Growth Fund Inc. ("CGF") is pleased to announce that it has entered into a definitive agreement with respect to a ~C$35.6 million private placement with Nouveau Monde Graphite Inc. (TSXV: NOU) (NYSE: NMG) ("NMG"), a Québec-based integrated graphite mining and processing company. With operations in Saint-Michel-des-Saints and Bécancour, NMG is developing an integrated value chain to transform natural graphite into active anode material, a critical component of lithium-ion batteries. NMG's Phase-2 Matawinie Mine and Bécancour Battery Material Plant represent one of the most advanced integrated critical minerals opportunities in Canada and will support North America's efforts to build more resilient supply chains to the benefit of their domestic economies.

Sure, you can caravan with your friends across the Bay Bridge....but imagine doing it with your hands off the steering wheel.

SAN FRANCISCO, Nov. 18, 2024 /PRNewswire/ -- General Motors made history recently, driving all 20 of our Super Cruise-enabled models in a record-breaking hands-free caravan across the Bay Bridge linking San Francisco and Oakland, the largest of its kind in history.  

CONCORD, N.C., Oct. 28, 2024 /PRNewswire/ -- GM Defense has completed production of the first vehicles in support of the Diplomatic Security Service's Heavy-Duty armored Sport Utility Vehicle (HD SUV) program. DSS is the law enforcement and security arm of the U.S. Department of State.

GM marked the milestone event with Assistant Secretary of State for Diplomatic Security Gentry Smith and other key stakeholders at GM Defense's Concord, North Carolina-based Manufacturing and Customer Innovation Center.

DETROIT, Oct. 22, 2024 /PRNewswire/ -- General Motors (NYSE: GM) today reported third-quarter 2024 revenue of $48.8 billion, net income attributable to stockholders of $3.1 billion, and EBIT-adjusted of $4.1 billion.

GM is also updating its 2024 full-year earnings guidance for the third consecutive quarter:

Updated 2024 Guidance

Previous 2024 Guidance

Net income attributable to stockholders

$10.4 billion - $11.1 billion

$10.0 billion - $11.4 billion

EBIT-adjusted

$14.0 billion - $15.0 billion

$13.0 billion - $15.0 billion

Automotive operating cash flow

$22.0 billion - $24.0 billion

$19.2 billion - $22.2 billion

Adjusted automotive free cash flow

$12.5 billion - $13.5 billion

$9.5 billion - $11.5 billion

EPS-diluted

$9.14 - $9.64

$8.93 - $9.93

EPS-diluted-adjusted

$10.00 - $10.50

$9.50 - $10.50

DETROIT, Oct. 21, 2024 /PRNewswire/ -- General Motors (NYSE: GM) announced today that its Board of Directors has declared a fourth-quarter 2024 cash dividend on the company's outstanding common stock of $0.12 per share payable Dec. 19, 2024, to all common shareholders of record as of the close of trading on Dec. 6, 2024.

General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range of EVs, as we move to an all-electric future. Learn more at GM.com.

NEW YORK, Sept. 12, 2024 /PRNewswire/ -- General Motors (NYSE: GM) and Hyundai Motor Company (KRX: 005380 KS) have signed an agreement to explore future collaboration across key strategic areas.

NEW YORK, Sept. 12, 2024 /PRNewswire/ -- General Motors (NYSE: GM) and Hyundai Motor Company (KRX: 005380 KS) have signed an agreement to explore future collaboration across key strategic areas.

GM and Hyundai will look for ways to leverage their complementary scale and strengths to reduce costs and bring a wider range of vehicles and technologies to customers faster.

NEW YORK, Sept. 12, 2024 /PRNewswire/ -- General Motors (NYSE: GM) and Hyundai Motor Company (KRX: 005380 KS) have signed an agreement to explore future collaboration across key strategic areas.

GM and Hyundai will look for ways to leverage their complementary scale and strengths to reduce costs and bring a wider range of vehicles and technologies to customers faster.

NEW YORK, Aug. 17, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of General Motors Company ("GM" or the "Company") (NYSE: GM). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

The investigation concerns whether GM and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

NEW YORK, Aug. 9, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of General Motors Company ("GM" or the "Company") (NYSE: GM). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

The investigation concerns whether GM and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

NEW YORK, July 24, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of General Motors Company ("GM" or the "Company") (NYSE: GM). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

The investigation concerns whether GM and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

GM Defense Canada Anticipates Delivery of First Vehicles Five Weeks After Contract Award

OSHAWA, ON, July 23, 2024 /PRNewswire/ -- GM Defense Canada, a subsidiary of GM Defense, has been awarded a C$35.8 million contract by the Canadian Armed Forces (CAF) for 90 light tactical vehicles (LTVs), with an option to procure up to an additional 18 LTVs. GM Defense Canada will also deliver training, technical manuals and additional vehicle content sourced from Canadian companies.

DETROIT, July 23, 2024 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported second-quarter 2024 revenue of $48.0 billion, net income attributable to stockholders of $2.9 billion and EBIT-adjusted of $4.4 billion.

GM is also updating its 2024 full-year earnings guidance for the second consecutive quarter:

Updated 2024 Guidance

Previous 2024 Guidance

Net income attributable to stockholders

$10.0 billion - $11.4 billion

$10.1 billion - $11.5 billion

EBIT-adjusted

$13.0 billion - $15.0 billion

$12.5 billion - $14.5 billion

Automotive operating cash flow

$19.2 billion - $22.2 billion

$18.3 billion - $21.3 billion

Adjusted automotive free cash flow

$9.5 billion - $11.5 billion

$8.5 billion - $10.5 billion

EPS-diluted

$8.93 - $9.93

$8.94 - $9.94

EPS-diluted-adjusted

$9.50 - $10.50

$9.00 - $10.00

DETROIT, July 22, 2024 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a third-quarter 2024 cash dividend on the company's outstanding common stock of $0.12 per share payable Sept. 19, 2024, to all common shareholders of record as of the close of trading on Sept. 6, 2024.

General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in safety services and connected vehicle technology, can be found at https://www.gm.com.