General Motors continued its strong run of quarterly performance with fourth quarter earnings that topped estimates, as it upped its dividend and instituted a new $6 billion stock buyback plan.
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GM cuts 2,900 jobs and shuts down $102M facility amid EV shift
General Motors is ripping off a big bandage in its electric future, cutting 2,900 jobs […] ...
General Motors continued its strong run of quarterly performance with fourth quarter earnings that topped estimates, as it upped its dividend and instituted a new $6 billion stock buyback plan.
General Motors continued its strong run of quarterly performance, with fourth quarter earnings that topped estimates, in addition to upping its dividend and instituting a new $6 billion stock buyback ...
The extra charges dragged on GM’s full-year 2025 earnings, with net income dropping 55% to $2.7 billion. GM raised its 2026 ...
GM forewarned the substantial hit to its earnings in a government filing on Jan. 8 that said the company would be taking on $6 billion in costs.
GM is adjusting to declining customer interest in electric vehicles as the automaker boosted its dividend and announced a new stock buyback.
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
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