GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM’s electric vehicles are finally making money — sort of
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
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General Motors expands EV vision through GM Energy initiative
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.
GM's Electric Vehicles Finally Earned More Than They Cost to Make
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
GM just crushed its earnings report, so why are investors fleeing?
Despite surpassing Wall Street expectations in its most recent earnings report, GM’s stock tumbled amid investor concerns ...
Business Insider7d
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
General Motors is finally making some money in the electric-vehicle business. The automaker reported its EVs were "variable profit positive" in 2024, meaning that they earned more money than GM ...
Electrek8d
GM’s EV sales surged as the Chevy Equinox becomes a top-seller: Can it keep it up in 2025?
GM’s share of the US electric vehicle market doubled in the fourth quarter as the new Chevy Equinox EV became a top seller.
electrive6d
GM minimises losses from electric cars
According to the recently published annual report, General Motors is making progress with the cost structure of its electric ...
GM Authority4h
GM Expects Return To Profitability In China In 2025
GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...
Transport Topics18h
GM’s Cruise to Slash 1,000 Jobs as Robotaxi Service Shutters
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...
Hyundai Could Supply GM With Electric Commercial Vehicles
Last fall, General Motors and Hyundai announced they were exploring a partnership focused on joint product development, ...
The Verge7d
GM’s electric vehicles are finally making money — sort of
The company’s EV business is ‘variable profit positive,‘ which means it’s making progress. The company’s EV business is ‘variable profit positive,‘ which means it’s making progress.