General Motors’ CFO Leaves to Join Payments Company Stripe
Dhivya Suryadevara resigns after two years in the role at the automaker.
GM Posts $806M Loss, 47% Drop in Sales
The automaker sees stronger sales ahead with its plants now back in production after coronavirus-related shutdowns.
GM Banks on Cash Hoard to Ride out Pandemic
“We believe that we’re positioned well to manage through this because we’ve taken swift actions to preserve liquidity,” CFO Dhivya Suryadevara says.
GM Beats Estimates Despite $1B in Strike Costs
The recovery from the strike “will add to GM’s list of challenges in coming months as pressures build on the car business globally."
GM Posts Earnings Beat, Market Share Slips
The automaker increased sales of pricey pickups by 20% and cut $400 million in costs in Q1, boosting profit despite a 3.4% revenue drop.
Pricey Pickups Power GM Earnings in Q4
Strong sales of high-margin pickups and small SUVs fueled an earnings beat for GM despite weak demand in China.
GM Price Hikes Drive Earnings Beat for Q3
The automaker raised vehicle prices in the U.S. to a record average of more than $36,000, offsetting declining sales volumes across every brand.