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First-quarter earnings reveal GM’s path to success and survival.
First-quarter earnings reveal GM’s path to success and survival. Tariffs, wars, spiking fuel costs, and no more tax incentives for EVs. The world is a dynamic mess for automakers. For GM, the way forward rides on two important pillars: full-size trucks and digital services such as Super Cruise. That was the message from GM Chairman and CEO Mary Barra in releasing first-quarter earnings that saw net income fell 5.7 percent to $2.63 billion in the first quarter while adjusted earnings before interest and taxes increased by 2 percent to $4.25 billion, fueled by an 11 percent increase in profits f
