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 ...
Straight Arrow News on MSN23h
EVs lost GM about $2B in 2023, but are now progressing toward profitability
GM reported that its EV business is now variable profit positive, but full profitability still has not been achieved.
electrive20h
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'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 ...
Tesla’s Profit Fell Sharply Last Year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the ...
American Axle's latest acquisition highlights its long rise from near death
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...
malaymail16h
Musk downplays impact of his right-wing, Trump pandering as Tesla profit drops 71pc from growing EV competition
Tesla reported lower than expected profits yesterday but confirmed key 2025 benchmarks, saying it will return to sales volume ...
Indiatimes23h
Tata Motors Share Price
Company has reported net profit after tax of Rs 3,368.00 Crore in latest quarter.The company’s top management includes Mr.N Chandrasekaran, Mr.N Chandrasekaran, Mr.N Chandrasekaran, Mr.Girish Wagh, Mr ...
Indiatimes1h
Force Motors Share Price
Company has reported net profit after tax of Rs 140.77 Crore in latest quarter.The company’s top management includes Mr.Abhaykumar Firodia, Mr.Prasan Firodia, Mr.Prashant V Inamdar, Mr.Arvind Mahajan, ...