Previous close | 5.32 |
Open | 5.45 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 45.00 |
Expiry date | 2025-01-17 |
Day's range | 5.32 - 5.45 |
Contract range | N/A |
Volume | |
Open interest | 1.65k |
U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter results next week: Explaining to investors where profit growth will come from in the months ahead as EV growth slows. The slowdown in global electric-vehicle demand, intensifying competition from Chinese automakers and high U.S. borrowing costs have forced the U.S. automakers to delay investments and ratchet down costs over the past 12 months. With China's economy slowing and U.S. inflation running hot, a macroeconomic growth boost looks a long way off.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for General Motors (GM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.
As EV technology continues to evolve, GM is working toward elevating the overall ownership experience by introducing new ways for customers to unlock additional value and gain access to the expanded benefits of an all-electric future.