Sponsored by
Latest
Topics
Topics
Accounting & Tax
Corporate Finance
Human Capital
Risk & Compliance
Strategy
Technology
Featured
People
CFOs On the Move: Week Ending July 1
McDonald’s, Dollar Tree, GoFundMe, Stride, Otis, Intrusion, Monogram Health, Mass Luminosity
By
Lauren Muskett
| July 1, 2022
Read More
Resources
CFO Live
Sign Up
Menu
Topics
Accounting & Tax
Corporate Finance
Human Capital
Risk & Compliance
Strategy
Technology
Explore
Search
Latest
Resources
CFO Live
Sign Up
Sponsored by
Mary Barra
Financial Performance
GM Loses $4.9B in Q4 But Beats Estimates
The automaker's operating results were "very strong, and actually great" in the quarter and for the full year, CFO Chuck Stevens says.
By
Matthew Heller
| October 28, 2021
Read More
Financial Performance
GM Posts $4B Profit on Strong Truck, SUV Sales
"GM is benefiting from robust customer demand for our new vehicles and services, especially our full-size pickups and SUVs."
By
Matthew Heller
| November 5, 2020
Read More
M&A
GM Takes 11% Stake in EV Truck Maker Nikola
The deal will enable GM to deploy its Ultium electric battery system and Hydrotec fuel cells in pickups and big rigs.
By
Matthew Heller
| September 8, 2020
Read More
Financial Performance
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."
By
Matthew Heller
| October 29, 2019
Read More
Financial Performance
GM’s Pickups, Cost-Cutting Drive Profit Increase
“Our results demonstrate the earnings power of our full-size truck franchise, with more upside to come," CEO Mary Barra says.
By
Matthew Heller
| August 1, 2019
Read More
Financial Performance
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.
By
Matthew Heller
| April 30, 2019
Read More
Financial Performance
GM Raises Guidance, Predicts Strong 2019
The company expects to surpass its 2018 earnings projection and promises higher 2019 earnings.
By
William Sprouse
| January 11, 2019
Read More
Strategy
GM to Idle Plants, Lay Off 8,000 Salaried Staff
The moves are part of GM's effort to position itself for a future of electric and autonomous vehicles.
By
Matthew Heller
| November 26, 2018
Read More
People
GM Names Dhivya Suryadevara as New CFO
Suryadevara's appointment to replace Chuck Stevens puts GM in an elite group of companies that have a woman in both the CEO and CFO roles.
By
Matthew Heller
| June 13, 2018
Read More
Financial Performance
GM Profit Takes Big Hit From Factory Downtime
The automaker has been retooling factories to prepare for the launch of new full-size pickups.
By
Matthew Heller
| April 27, 2018
Read More
Strategy
GM Offers Restructuring Plan for Korea Unit
The automaker would convert around $2.2 billion of GM Korea's debt into equity in exchange for financial support and tax benefits from Seoul.
By
Matthew Heller
| February 21, 2018
Read More
Risk & Compliance
GM Shareholders Reject Stock-Split Proposal
Activist investor Greenlight Capital had said the plan would "help fix GM's inefficient capital structure" and unlock significant shareholder value.
By
Matthew Heller
| June 6, 2017
Read More
Strategy
GM’s Q1 Profit Hits Post-Bankruptcy Record
The results "demonstrate the strong earnings power of this company,” CEO Mary Barra says as profits soar 33% to $2.6 billion.
By
Matthew Heller
| April 28, 2017
Read More
Strategy
GM Sells European Car Operations for $1.3B
"This represents another major step in the ongoing work that is driving our improved performance and accelerating our momentum,” GM CEO Mary Barra says.
By
Matthew Heller
| March 6, 2017
Read More
Strategy
GM Hits Record Profit But Expects Flat Growth
The automaker's stock falls 4.7% even though it reported record sales of $166 billion and earnings per share of $6.00 for 2016.
By
Matthew Heller
| February 7, 2017
Read More
Next