General Motors (GM) teams with Netflix (NFLX) to promote EVs on screen

GM Declares Quarterly Dividend

DETROIT, Feb. 1, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a first quarter 2023 cash dividend on the company's outstanding common stock of... More

Lithium Americas Provides General Motors Transaction Details and Update on Construction Plan for Thacker Pass  

VANCOUVER, British Columbia, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (Lithium Americas or the Company) today announced that it has entered into a purchase agreement (Purchase Agreement) with General Motors Co. (NYSE: GM) (GM) pursuant to which GM will make a $650 million equity investment in Lithium Americas (the Transaction). In connection with the Transaction, the Company has provided an update on the construction plan for the Thacker Pass lithium... More

GM and Lithium Americas to Develop U.S.-Sourced Lithium Production through $650 Million Equity Investment and Supply Agreement

Thacker Pass in Nevada is the largest known source of lithium in the United StatesGM to receive exclusive access to Phase 1 production Material sourced from Lithium Americas will help support EV eligibility for consumer incentives under the U.S. clean energy tax credits

DETROIT AND VANCOUVER, BC, Jan. 31, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) and Lithium Americas Corp. (TSX: LAC and NYSE:... More

GM Releases 2022 Fourth-Quarter and Full-Year Results, and 2023 Guidance

DETROIT, Jan. 31, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported fourth-quarter 2022 revenue of $43.1 billion, net income attributable to stockholders of $2.0 billion and EBIT-adjusted of $3.8 billion.

GM's full-year 2022 revenue was $156.7 billion, net income attributable to stockholders was $9.9 billion and EBIT-adjusted was a record $14.5 billion. Results were at the high-end of the company's revised EBIT-adjusted guidance range.

The company expects its core auto operations to perform at a consistently strong level in 2023, with full-year net income attributable to stockholders of $8.7 billion-$10.1 billion,... More