通用汽车发布2024年全年及第四季度业绩和2025年盈利指引

GM Releases Full-Year and Fourth-Quarter 2024 Results and 2025 Guidance DETROIT– General Motors (NYSE: GM) today reported full-year 2024 net income attributable to shareholders of$6.0 billion and EBIT-adjusted of $14.9 billion. Fourth-quarter 2024 net income attributable to shareholders was aloss of $3.0 billion and EBIT-adjusted was $2.5 billion. Fourth quarter net income was reduced by more than $5 billion in special charges driven primarily by $4 billion ofnon-cash restructuring charges and impairment of our interests in certain China Joint Ventures, and $0.5 billion incharges related to the decision to stop funding the Cruise robotaxi business. The chart below summarizes GM's 2024 financial guidance and 2024 results, as well as the company's 2025guidance, which is for a year of strong financial performance. Net income attributable to stockholdersEBIT-adjustedAutomotive operating cash flowAdjusted automotive free cash flowEPS-dilutedEPS-diluted-adjusted GM's 2025 financial guidance assumes a stable policy environment in North America and an estimated benefit of$0.5 billion from reduced year-over-year expenses at Cruise. The financial guidance also includes anticipatedcapital spending of $10.0 billion - $11.0 billion, inclusive of investments in the company's battery cell manufacturingjoint ventures. Conference Call for Investors and Analysts GM Chair and CEO Mary Barra and GM Chief Financial Officer Paul Jacobson will host a conference call for theinvestment community at 8:30 a.m. ET today to discuss these results. Conference call details are as follows:• 1-800-857-9821 (U.S.)•1-517-308-9481 (international/caller-paid)•Conference call passcode:General Motors•An audio replay will be available on the GM Investor Relations website in the Events section. Visit the GM Investor Relations website to download the company’s earnings deck and GM Chair and CEO MaryBarra’s letter to shareholders. Results Overview 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, Cadillac, Chevrolet, and GMC brands offer a broadportfolio of innovative gasoline-powered vehicles and the industry’s widest range of EVs, as we move to an all-electric future. Learn more at GM.com. ### CONTACTS:Jim CainGM Communications313-407-2843james.cain@chevrolet.com Ashish KohliGM Investor Relations847-964-3459ashish.kohli@gm.com David CaldwellGM Communications586-899-7861david.caldwell@gm.com Cautionary Note on Forward-Looking Statements:This press release and related comments by management mayinclude “forward-looking statements” within the meaning of the U.S. federal securities laws. Forward-lookingstatements are any statements other than statements of historical fact and represent our current judgment aboutpossible future events. In making these statements, we rely upon assumptions and analysis based on ourexperience and perception of historical trends, current conditions, and expected future developments, as well asother factors we consider appropriate under the circumstances. We believe these judgments are reasonable, butthese statements are not guarantees of any future events or financial results, and our actual results may differmaterially due to a variety of factors, many of which are described in our most recent Annual Report on Form 10-Kand our other filings with the U.S. Securities and Exchange Commission. We caution readers not to place unduereliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, andwe undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as aresult of new information, future events, or other factors that affect the subject of these statements, exceptwhere we are expressly required to do so by law. 2024 Guidance Reconciliations The following table reconciles expected Net income attributable to stockholders under U.S. GAAP to expected EBIT-adjusted(dollars in billions): Net income attributable to stockholdersIncome tax expenseAutomotive interest income, netAdjustments(a)EBIT-adjusted The following table reconciles expected automotive net cash provided by operating activities under U.S. GAAP to expectedadjusted automotive free cash flow (dollars in billions): Net automotive cash provided by operating activities The following table reconciles expected EPS-diluted under U.S. GAAP to expected EPS-diluted-adjusted: Diluted earnings per common shareAdjustments(a)EPS-diluted-adjusted (a)Adjustments as of September 30, 2024. See our Quarterly Report on Form 10-Q for the quarter ended September 30,2024, for full details. We do not consider the potential future impact of adjustments on our expected financial results. 2025 Guidance Reconciliations The following table reconciles expected Net income attributable to stockholders under U.S. GAAP to expected EBIT-adjusted(dollars in billions