(Values in U.S. Thousands) | Dec, 2023 | Dec, 2022 | Dec, 2021 | Dec, 2020 | Dec, 2019 |
Sales | 171,842,000 | 156,735,000 | 127,004,000 | 122,485,000 | 137,237,000 |
Sales Growth | +9.64% | +23.41% | +3.69% | -10.75% | -6.67% |
Net Income | 10,127,000 | 9,934,000 | 10,019,000 | 6,427,000 | 6,732,000 |
Net Income Growth | +1.94% | -0.85% | +55.89% | -4.53% | -16.00% |
General Motors Company (GM)
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General Motors the auto giant has had a long and checkered history. The company rose to dominate the U.S. industry; however, hit by the financial crisis, General Motors filed for bankruptcy and within few months, the firm emerged from bankruptcy. The company is stepping up to embrace an electric future and gain a strong foothold in the fast-growing market. The automaker plans to roll out fresh EV models. The firm's own modular battery platform, the Ultium Drive system, will aid in the transition to an all-electric portfolio.'The major EV offerings would include GMC Hummer e-pickup, Cadillac LYRIQ, Chevrolet Silverado EV, Chevrolet Equinox and Blazer EVs. The company will also offer an electric version of GMC's Sierra pickup truck.'General Motors, and its strategic partners, produces, sells and services cars, trucks and parts under four core brands - Chevrolet, Buick, GMC and Cadillac. General Motors assembles passenger cars, crossover vehicles, light trucks, sport utility vehicles, vans and other vehicles.
Fiscal Year End Date: 12/31