American automobile company General Motors presented the results for the fourth quarter of 2024 and a profit forecast for 2025. According to the company’s information, sales revenue in the last quarter of 2024 increased by 15%, which significantly exceeded analysts' expectations. General Motors ensured good results due to the growth in electric vehicle sales and increased prices for automobiles. Carla Lawrence, the CEO of General Motors, stated: "We are proud of our results and confident in the company’s successful future. Our goal is to further increase our market share of electric vehicles and develop new technologies for the automotive industry." According to analysts' estimates, General Motors may increase profits by 20% in 2025 thanks to the growing demand for their electric vehicles and innovative solutions in the automotive sector.
General Motors Reports Q4 2024 Earnings
General Motors announced its Q4 2024 results and provided earnings forecasts for 2025, highlighting significant developments in their economic outlook.
