Automakers have struggled for a few years now to meet demand as semiconductor chip shortages have ravaged the industry. This has been a result of the COVID-19 pandemic shutting down factories and putting production on pause. But for General Motors, this issue looks to be one of the past. Yesterday, the automaker announced the [...]
Last year GM reported record-breaking full-year revenues of $10.4 billion. This year, the company did it again - outshining last year’s performance with a full-year adjusted income of $11 billion. The company also reported profits in excess of what analysts were expecting for the fourth quarter. Moreover, earnings per share were up to $2.12 [...]
Back in April of 2020, the world's second-largest automaker - General Motors - made the decision to cut its dividend payouts. This decision came at the height of the COVID-19 pandemic when companies were hit the hardest. In February of 2020, the company paid out a dividend of 38 cents. And on September 15, [...]
