GM anticipates that its growing lineup of electric vehicles will achieve positive variable profit during the fourth quarter of 2024, according to statements made during the Investor Day presentation ...
Learn how to calculate the variable cost ratio to balance production costs and revenues. Understand its role in optimizing profit margins and business decision-making.
General Motors said it achieved positive variable profitability for its EV lineup in 2024. Simply put, that means the revenue from its EV sales was higher than the fixed costs for labor and materials ...
While questions still loom over what kind of impact the Trump Administration will have on electric vehicles sales, General Motors hit an important milestone toward scaling its electric fleet this past ...
In its fourth-quarter and full-year results reported Tuesday, General Motors hinted at big bonus checks for salaried workers, record-setting profit-sharing checks for hourly workers and said it hit a ...
General Motors is pulling back its electric vehicle production target this year and adjusting the timing on its profit targets because demand for EVs is not growing at the pace initially expected. GM ...
Jeep and Chrysler owner Stellantis – hardly a hero in our EV adoption story – says that it is finally turning a profit on EVs. But that’s in no part due to US sales, since the company doesn’t sell any ...
MetLife reported a solid second quarter, with adjusted EPS of $2.37 easily topping the FactSet consensus of $1.55. We attribute the bulk of the beat to higher-than-expected variable investment income ...