General Motors (GM) now projects 2022 EBIT-adjusted for the full year will be in a range of $13.5-14.5 billion

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Go back to General Motors (GM) now projects 2022 EBIT-adjusted for the full year will be in a range of $13.5-14.5 billion

GM Raises 2022 Guidance and Expects North American EV Portfolio to be Profitable in 2025 as Annual Capacity Tops 1 Million

November 17, 2022 3:00 PM EST

Company outlines key near term performance indicators

NEW YORK, Nov. 17, 2022 /PRNewswire/ -- General Motors Co. (NYSE: GM) expects its rapidly growing portfolio of electric vehicles will be solidly profitable in 2025 in North America as the company scales EV capacity in the region to more than 1 million units annually, ramps up its software revenue opportunities, generates significant greenhouse gas benefits and realizes the positive impacts of new clean energy tax credits,... More