GM Sees “Substantially” Lower Cruise Spread

General Motors (GM) announces $10M buyback and will increase its dividend in 2024. GM sees “substantially” lower cruise spread. GM CEO Mary Barra noted she is “disappointed in our ultium-based E.V. production in 2023.” Kevin Hincks discusses this as GM’s adjusted automotive free cash flow is seem between $11B to $11.5B. Tune in to find out more about the stock market today.

Market On Close

29 Nov 2023

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