News
GM and PG&E Paving the Way to Turn Electric Vehicles into Home Energy Assets
OAKLAND, Calif., March 13, 2025 /PRNewswire/ -- General Motors has joined Pacific Gas & Electric Company's (PG&E) residential Vehicle-to-Everything pilot program, providing eligible customers in Northern and Central California with incentivized pricing for qualifying GM Energy home energy products. GM Energy is working with utilities like PG&E to leverage GM's bidirectional EV charging technology, which allows compatible GM EVs to supply power back to homes during outages and, in the future,...
GM board approves new share repurchase plan, including $2 billion ASR, and higher rate for future dividends
DETROIT, Feb. 26, 2025 /PRNewswire/ -- General Motors (NYSE: GM) today announced that its Board of Directors has approved a $0.03 per share increase in the quarterly common stock dividend rate beginning with the next planned dividend, as well as a new $6 billion share repurchase authorization. The company has entered into an accelerated share repurchase (ASR) program to execute $2 billion of the share repurchase authorization. "The GM team's execution continues to be strong across all three...
GM declares quarterly dividend
DETROIT, Jan. 27, 2025 /PRNewswire/ -- General Motors (NYSE: GM) announced today that its Board of Directors has declared a quarterly cash dividend on the company's outstanding common stock of $0.12 per share, payable March 20, 2025, to holders of the Company's common stock at the close of trading on March 7, 2025. General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick,...
GM enhances loyalty program and unveils new GM Rewards™ Mastercard® from Barclays
DETROIT and WILMINGTON, Del., May 20, 2025 /PRNewswire/ -- General Motors is redesigning its GM Rewards(TM) loyalty program and announcing the launch of the GM Rewards(TM) Mastercard(R) from Barclays US Consumer Bank. The revamped loyalty program is simpler, and the new card provides customers more ways to earn and redeem GM Rewards points across GM brands for new vehicles, services, parts and accessories. GM enhances loyalty program and unveils new GM Rewards(TM) Mastercard(R) from Barclays....
GM releases 2025 second-quarter results
DETROIT, July 22, 2025 /PRNewswire/ -- General Motors (NYSE: GM) today reported second-quarter 2025 revenue of $47.1 billion, net income attributable to stockholders of $1.9 billion, and EBIT-adjusted of $3.0 billion. GM's full-year financial guidance is unchanged. An overview of quarterly results and financial highlights appears below. Visit the GM Investor Relations website to download the company's earnings deck and GM Chair and CEO Mary Barra's Letter to Shareholders. Conference call for...
GM releases 2025 third-quarter results
DETROIT, Oct. 21, 2025 /PRNewswire/ -- General Motors (NYSE: GM) today reported third-quarter 2025 revenue of $48.6 billion, net income attributable to stockholders of $1.3 billion, and EBIT-adjusted of $3.4 billion. GM is also updating its 2025 full-year earnings guidance: Updated 2025 guidance Previous 2025 guidance Net income attributable to stockholders $7.7 billion - $8.3 billion $7.7 billion - $9.5 billion EBIT-adjusted $12.0 billion - $13.0 billion $10.0 billion - $12.5 billion...
General Motors Offers Senior Unsecured Notes
DETROIT, May 5, 2025 /PRNewswire/ -- General Motors (NYSE: GM) announced today it has launched an offering of senior unsecured fixed rate notes. GM intends to use the net proceeds from the sale of the notes for general corporate purposes, including to refinance a portion of the $1.25 billion outstanding of its 6.125% senior notes maturing on October 1, 2025, and fund a portion of the $1.8 billion five-year term loan it has agreed to make to Ultium Cells LLC, its joint venture with LG Energy...