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General Motors Company (GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts, and provides software-enabled services and subscriptions worldwide . The company operates through segments such as GM North America (GMNA) and GM International (GMI), marketing vehicles under brands like Buick, Cadillac, Chevrolet, and GMC . GM is also investing in electric vehicles (EVs) and autonomous vehicles (AVs), with a focus on expanding their EV portfolio through their Ultium architecture . Additionally, GM offers automotive financing services through its GM Financial segment, contributing significantly to its revenue and profitability .
- GM North America (GMNA) - Designs, builds, and sells vehicles under the Buick, Cadillac, Chevrolet, and GMC brands in North America.
- GM International (GMI) - Markets vehicles under the Buick, Cadillac, Chevrolet, Baojun, and Wuling brands in international markets, primarily in China.
- GM Financial - Provides automotive financing services, significantly contributing to GM's revenue and profitability.
- Electric Vehicles (EVs) - Invests in and expands the EV portfolio using the Ultium architecture, aiming for a significant increase in production capacity.
- Cruise - Develops and commercializes autonomous vehicle technology.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Mary Barra ExecutiveBoard | Chair and Chief Executive Officer (CEO) | Board Member at The Walt Disney Company | Mary Barra has been CEO since 2014 and Chair since 2016. She has led GM's transformation toward electric and autonomous vehicles and spearheaded cultural and operational changes. | |
Craig Glidden Executive | EVP and Strategic Advisor; President of Cruise | None | Joined GM in 2015 as General Counsel. Now serves as Strategic Advisor and President of GM Cruise Holdings LLC, focusing on autonomous vehicle operations. | |
Grant Dixton Executive | EVP, Chief Legal and Public Policy Officer | None | Joined GM in 2024, previously served as Chief Legal Officer at Activision Blizzard and General Counsel at Boeing. Oversees GM's global legal, compliance, and public policy functions. | |
Marc Whitten Executive | CEO of Cruise | None | Appointed CEO of Cruise in 2024. Previously held leadership roles at Sonos, Amazon, Unity, and Microsoft. | |
Alfred F. Kelly, Jr. Board | Board Member | Board Chair at Mother Cabrini Health Foundation; Trustee at Boston College, Iona University, New York Presbyterian Hospital, and St. Joseph’s Seminary; Advisory Director at Berkshire Partners | Former CEO and Chairman of Visa Inc. Joined GM's Board in 2024, bringing expertise in financial services and technology. |
- Given the headwinds in China and the competitive environment, how specifically do you plan to make your Chinese joint ventures sustainable and profitable, and what restructuring actions are you considering?
- With the EV market becoming increasingly competitive, and considering your goal to make EVs profitable on an EBIT basis quickly, what are the main obstacles you foresee in achieving this, and how do you plan to overcome them?
- Can you elaborate on the rationale behind seeking external funding for Cruise when GM has sufficient capital, and how will this impact your control over Cruise's strategic direction?
- As you expect 2025 results to be in a similar range to 2024, can you provide more detail on the specific tailwinds and headwinds, such as the impact of cost inflation and pricing pressures, that underpin this outlook?
- With the anticipated decrease in adjusted EBIT in Q4 compared to Q3, can you break down the major factors contributing to this decline, and how do you plan to mitigate similar impacts in the future?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
GM Cruise Holdings LLC | 2022 | GM acquired SoftBank's stake for $2.1 billion and added an extra $1.35 billion investment to increase its ownership to approximately 80%, enabling Cruise's inclusion on GM’s U.S. Federal consolidated income tax return and significant tax and liquidity adjustments. |
Recent press releases and 8-K filings for GM.
- General Motors has priced and launched a $2.0 billion senior unsecured fixed rate notes offering, with settlement set for May 7, 2025.
- The offering comprises $750 million of 5.350% notes due 2028, $750 million of 5.625% notes due 2030, and $500 million of 6.250% notes due 2035.
- Net proceeds will be used to refinance $1.25 billion of its 6.125% senior notes due October 1, 2025, and to fund a portion of a $1.8 billion five-year term loan for Ultium Cells LLC.
- Additional proceeds will support general corporate purposes, including refinancing part of existing debt.
- A registration statement, including a prospectus and supplement, has been filed with the SEC for this offering.
- GM reported strong Q1 2025 performance with $44B in total revenue, $3.5B in adjusted EBIT, and $2.78 EPS, driven by robust U.S. sales .
- GM updated its full-year EBIT adjusted guidance to $10B–$12.5B with a $4B–$5B tariff exposure, as detailed in the recent 8-K filing on May 1, 2025 .
- The 8-K also revised full-year net income expectations to $8.2–$10.1B and outlined projections for automotive operating and free cash flow .
- GM accelerated its autonomous and AI investments by adding 230,000 Super Cruise-equipped vehicles, aiming to exceed 700,000 vehicles by year-end .
- The company reinforced its commitment to U.S. manufacturing with $60B invested over the past five years to bolster local production and supply chain resiliency .
- A conference call is scheduled at 8:30 a.m. ET to discuss Q1 results and updated guidance .
- GM reported Q1 2025 revenue of $44.0 billion, net income of $2.8 billion, and an EBIT-adjusted figure of $3.5 billion.
- General Motors declared a quarterly cash dividend of $0.15 per share, a $0.03 increase over the previous dividend.
- The dividend will be payable on June 19, 2025 to shareholders on record as of June 6, 2025.
- A conference call is scheduled for May 1, 2025 at 8:30 AM ET to discuss the results and updated full-year guidance.
- Cadillac’s portfolio and market positioning: The discussion emphasized Cadillac's leadership in innovation with its mix of ICE and EV offerings, including record market share gains (8.1% in Q1) and product excellence, such as the LYRIQ and Escalade-V, which reinforce the brand’s heritage and appeal.
- Global growth and strategic market expansion: Cadillac is achieving significant global progress, with robust EV growth in Europe (over 200% increase in Q1) and strong performance in key international regions, underscoring its ambition to extend its luxury footprint worldwide.
- Agile supply and production management: The call detailed how focused inventory discipline and agile production practices ensure Cadillac maintains a balanced dealer stock and rapid restocking, contributing to an optimized customer experience.
- General Motors Co filed an 8-K report on March 25, 2025, documenting corporate filings and providing updated information on its financial arrangements.
- The filing includes details on several amended revolving credit agreements, such as the Seventh Amended and Restated 364-Day Revolving Credit Agreement and the Fifth Amended and Restated 5-Year Revolving Credit Agreement, indicating changes to its credit facilities.