General Motors reposted this
Executive Editor At Yahoo Finance. Host of the 'Opening Bid' Podcast.
🚗 At every turn of the road, General Motors chair and CEO Mary Barra has reinforced the mantra that 2024 was the "year of execution." 🚗 Barra and her team made good on that promise to investors who were yearning for better returns, ultimately earning the auto icon the 2024 Yahoo Finance Surprise of the Year award. 🏆 "There's been a lot of change. We're an industry in transformation and GM itself is in the midst of making sure we're ready and proactive for the changes that are coming," Barra told me in an exclusive sit-down. Tightening the grips on EV losses and making better-received cars have paid off for GM. The company lifted its profit guidance each time it reported earnings in 2024, powered by strong adoption of new crossover models, such as the Chevy Trax and the Cadillac Lyriq EV, and savvy cost cuts. Shares of GM have charged to a 47% advance this year. More with Barra on 2025 plans, potential Trump tariffs and the road ahead for EVs. ⬇️ https://lnkd.in/en2hiR6t