每经AI快讯，1月27日，通用汽车开盘上涨4%。 每经AI快讯，1月27日，通用汽车开盘上涨4%。 ...

Group 1: U.S. Stock Market Overview - U.S. stocks traded mixed, with the Dow Jones index falling more than 300 points, down 0.68% to 49,074.36, while the NASDAQ gained 0.56% to 23,732.71 and the S&P 500 rose 0.23% to 6,966.23 [1] - Information technology shares increased by 0.9%, while health care stocks fell by 1% [1] Group 2: General Motors Financial Performance - General Motors reported fourth-quarter adjusted earnings per share of $2.51, a 30.4% year-over-year increase, surpassing the analyst consensus estimate of $2.20 [2] - Quarterly sales reached $45.287 billion, which was below the expected $45.804 billion [2] Group 3: General Motors Corporate Actions - General Motors' Board of Directors approved a 3 cents per share increase in the quarterly common stock dividend rate to 18 cents per share [3] - The company also authorized a new $6 billion share repurchase program [3] Group 4: Commodity Market Update - Oil prices increased by 1.1% to $61.29, while gold prices decreased by 0.1% to $5,081.50 [4] - Silver prices fell by 3.1% to $111.965, and copper prices dropped by 2% to $5.8995 [4] Group 5: European Market Performance - European shares were mostly higher, with the eurozone's STOXX 600 rising by 0.4%, Spain's IBEX 35 Index up by 0.3%, and London's FTSE 100 increasing by 0.6% [5] - Germany's DAX fell by 0.1%, while France's CAC 40 rose by 0.4% [5] Group 6: Asian Market Performance - Asian markets closed higher, with Japan's Nikkei gaining 0.85%, Hong Kong's Hang Seng Index up by 1.35%, China's Shanghai Composite rising by 0.18%, and India's BSE Sensex increasing by 0.39% [6] Group 7: Notable Stock Movements - X3 Holdings Co Ltd shares surged 135% to $0.63 after a 94% increase on Monday [8] - Nuwellis Inc shares rose 112% to $4.56 after a 3% decline on Monday [8] - INVO Fertility Inc shares increased by 64% to $1.98 [8] - Dogness International Corp shares dropped by 44% to $1.50, and Twin Hospitality Group Inc shares fell by 40% to $0.32 after filing for Chapter 11 [8] - FAT Brands Inc shares decreased by 24% to $0.30 after commencing Chapter 11 [8]

美股开盘，三大指数涨跌互现，纳指涨0.57%，标普500指数涨0.24%，道指跌0.58%。 苹果涨1.8%，获小摩看高至315美元，iPhone 17需求强劲及成本控制将推动业绩超预期。 Cloudflare涨近12%，开源AI代理Clawdbot引发投资者对该公司边缘计算基础设施的关注。 康宁涨7.6%，Meta拟斥资60亿美元采购康宁光纤用于数据中心。 通用汽车涨5.4%，Q4调整后每股收益同比增长30.4%，拟回购60亿美元的股票。 (格隆汇) ...

GM Stock Has Soared 76% In Recent Stock Market Rally; Offers New Buy Opportunity On Earnings | Investor's Business DailyMUST-VIEW FOR INVESTORS: [See The Best Online Brokers For 2026]---General Motors (GM) stock moved higher before Tuesday's stock market open after beating fourth-quarter profit expectations, outlining 2026 guidance and announcing a quarterly dividend increase. The U.S. automaker reported Q4 EPS grew 30.7% to $2.51 with revenue declining 5% to $45.29 billion. Prior to Tuesday's release, anal ...

Financial Data and Key Metrics Changes - The company reported total revenue of $45 billion for Q4 2025, down approximately 5% year-over-year, primarily due to disciplined production and dealer inventory management [19] - EBIT adjusted was $12.7 billion for the full year, with adjusted automotive free cash flow of $10.6 billion, resulting in a year-end cash balance of $21.7 billion [16][19] - The company achieved a total return of 54% for investors in 2025 [5] Business Line Data and Key Metrics Changes - North America delivered EBIT adjusted of $2.2 billion with margins of 6.1% [23] - GM Financial's full-year EBIT adjusted was $2.8 billion, within guidance, and paid dividends of $1.5 billion to GM [25] - The company led the industry in full-size pickups and SUVs, with strong performance in crossovers [5][7] Market Data and Key Metrics Changes - The U.S. market share reached its highest level in a decade, marking the fourth consecutive year of market share growth [5] - New energy vehicle sales in China reached nearly 1 million units in 2025, representing over half of total sales in the region [25] - The company expects total U.S. SAAR to be in the low 16 million unit range for 2026 [27] Company Strategy and Development Direction - The company is focused on maintaining a strong balance sheet while investing in growth, with planned capital expenditures of $10-$12 billion annually [17][27] - The strategy includes onshoring production to meet demand for internal combustion engine (ICE) vehicles and enhancing supply chain resiliency [31] - The company is committed to EVs, with plans to reduce costs and improve profitability through new technologies and operational efficiencies [9][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving EBIT adjusted margins in North America of 8%-10% in 2026, supported by improved EV profitability and warranty expense trends [32] - The company anticipates a benefit of $1 billion-$1.5 billion related to right-sizing EV capacity [29] - Management acknowledged uncertainties in the regulatory environment but remains optimistic about future cash flows and profitability [32] Other Important Information - The company incurred $3.1 billion in gross tariff costs for 2025, which was below the predicted range [21] - The company plans to increase its quarterly dividend rate by 20% and has authorized a new share repurchase program of $6 billion [19][18] - The company is expanding its Super Cruise business into international markets and expects to grow OnStar services significantly [10][32] Q&A Session Summary Question: Pricing Assumptions - Management indicated that pricing is expected to be flat to up, primarily reflecting the annualization of 2025 pricing without significant increases planned [37][38] Question: Product Portfolio Dynamics - Management confirmed that the current portfolio is well-positioned, with a strong ICE lineup and plans for hybrid vehicles in key segments [40][41] Question: Inventory Discipline and Cash Flow - Management stated that inventory discipline will continue, contributing to stronger cash generation, with no significant buildup anticipated [47][48] Question: Industrial Bank Approval Impact - Management highlighted that the Industrial Bank will provide a complementary funding source, potentially lowering the cost of funds [51][52] Question: EV Volume Declines and ICE Demand - Management noted uncertainty in EV demand but is prepared to maximize ICE production to meet market needs [90][92] Question: North America Margin Guidance - Management clarified that the North America margin guidance reflects improvements in EV profitability and regulatory costs, contributing to overall EBIT expectations [78][80] Question: Memory Chip Supply and Pricing - Management confirmed that there are no current issues with memory chip supply, and the team is actively managing the situation [82][83]

General Motors Company (NYSE:GM) Q4 2025 Earnings call January 27, 2026 08:30 AM ET Company ParticipantsAndrew Percoco - Executive Director of Equity ResearchAshish Kohli - VP of Investor RelationsJames Picariello - Director and Head of U.S. Autos ResearchJoe Spak - Managing DirectorMary Barra - Chair and CEOPaul Jacobson - EVP and CFOSusan Sheffield - President and CEOConference Call ParticipantsColin Langan - Automotive & Mobility AnalystDan Levy - Senior Equity Research AnalystEmmanuel Rosner - Managing ...

Financial Data and Key Metrics Changes - In 2025, the company achieved an EBIT adjusted of $12.7 billion and adjusted automotive free cash flow of $10.6 billion, resulting in a year-end cash balance of $21.7 billion [15][18] - Total company revenue for Q4 2025 was $45 billion, down approximately 5% year-over-year, primarily due to disciplined production and dealer inventory management [18] - EBIT adjusted for Q4 was $2.8 billion, and diluted adjusted EPS was $2.51, both increasing year-over-year despite tariff impacts [18][19] Business Line Data and Key Metrics Changes - North America delivered EBIT adjusted of $2.2 billion with margins of 6.1% [23] - The company led the industry in full-size pickups and SUVs, achieving its best year ever in crossovers [4] - GM Financial's full-year EBIT adjusted was $2.8 billion, within guidance, and paid dividends of $1.5 billion to GM [25] Market Data and Key Metrics Changes - In the U.S., GM achieved its highest full-year market share in a decade, marking the fourth consecutive year of market share growth [4] - New energy vehicle sales in China reached nearly 1 million units in 2025, representing over half of total sales in the region [25] - The company expects total U.S. SAAR to be in the low 16 million unit range for 2026 [27] Company Strategy and Development Direction - The company is focused on maintaining a strong balance sheet while investing in growth, with plans to invest $10-$12 billion annually in 2026 and 2027 [16][26] - GM is committed to EVs, with a portfolio that brought almost 100,000 new customers in 2025, and plans to reduce costs while enhancing profitability [8][10] - The company aims to achieve 8%-10% EBIT adjusted margins in North America by 2026, supported by improved EV profitability and warranty expense management [32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate a dynamic macro and regulatory landscape, positioning GM for sustained success beyond 2026 [32] - The company anticipates a benefit of $1 billion-$1.5 billion related to right-sizing EV capacity and expects to maintain pricing discipline despite competitive pressures [27][30] - Management highlighted the importance of adapting to changes in consumer demand and regulatory environments, particularly in the EV market [6][39] Other Important Information - The company incurred $3.1 billion in gross tariff costs for 2025, which was below the predicted range, and expects similar costs in 2026 [20][26] - GM Financial received approval for its industrial bank application, which will provide a new source of stable funding [25][43] - The company plans to increase its quarterly dividend rate by 20% and has authorized a new share repurchase program of $6 billion [9][18] Q&A Session Summary Question: Pricing Assumptions - Management indicated that they are not modeling any significant price increases for 2026, focusing instead on the annualization of previous pricing strategies [34] Question: Product Portfolio Dynamics - Management believes they have the right portfolio to adapt to market changes, including a strong internal combustion engine lineup and plans for hybrid vehicles [36][38] Question: Inventory Discipline - Management confirmed that inventory discipline will continue, contributing to stronger cash generation, with no significant buildup anticipated [41] Question: Industrial Bank Approval - The approval of the industrial bank is expected to lower the cost of funds, providing a complementary funding source for GM Financial [43] Question: EV Volume Declines - Management acknowledged uncertainty in EV demand but is looking to maximize internal combustion engine production to offset potential declines [60] Question: Tariff Mitigation Strategies - Management discussed ongoing efforts to mitigate tariff impacts through go-to-market strategies and fixed cost reductions, expecting net tariffs to be lower in 2026 [50][51]

格隆汇1月27日｜通用汽车首席财务官表示，预计2026年关税成本将在30亿至40亿美元之间；2025年通 用汽车关税成本总计低于预期的31亿美元。 ...

通用汽车(GM.N)CFO：预计2026年关税成本将在30亿至40亿美元之间。 ...

Core Viewpoint - The automaker plans to initiate a stock buyback program worth up to $6 billion and anticipates an increase in profit this year following a reduction in electric vehicle production [1] Group 1 - The company will buy back stock valued at up to $6 billion [1] - The company expects profit to rise this year [1] - The increase in profit is attributed to a pullback from electric vehicle production [1]