General Mtrs Co Stock Price, News & Analysis

e.l.f. Beauty (NYSE: ELF) and race car driver Katherine Legge are expanding their partnership into NASCAR for 2025. Legge, currently the only woman competing in both NASCAR Xfinity and Cup Series, will drive an e.l.f. sponsored car in at least seven races this year.

The partnership includes races at the NASCAR Xfinity Series in Rockingham on April 19, the BetMGM 300 in Charlotte on May 24, and a NASCAR Cup Series race at Autodromo Hermanos Rodriguez in Mexico City on June 15. This marks the third year of collaboration between e.l.f. and Legge, following their historic partnership in 2023 when Legge became the fastest woman to qualify for the Indianapolis 500.

NASCAR's growing audience shows new fans are 2X more likely to be younger and 60% more likely to be diverse. Female NASCAR fans demonstrate higher engagement compared to female fans of other sports, showing stronger tendencies to watch on TV, listen on radio, and attend live events.

Nouveau Monde Graphite (NMG) has filed its 2024 financial reports and issued an Updated Feasibility Study for its integrated Phase-2 Matawinie Mine and Bécancour Battery Material Plant projects. The company has received approximately $1.6 billion in expressions of interest from potential lenders, Anchor Customers, and institutional equity investors as it progresses toward Final Investment Decision (FID).

Key developments include:

• US$100 million equity investments from Panasonic, GM, CGF and IQ
• Additional US$37.5 million private placements from Mitsui and Pallinghurst
• Signature of an impact agreement with Atikamekw First Nation
• Uplisting to TSX
• Period-end cash position of $106 million

The company maintained strong environmental performance with no major incidents and achieved carbon-neutral status. Both Phase-2 sites are ready for construction pending FID, project financing, and necessary authorizations.

Pilot Company, General Motors (GM), and EVgo have expanded their collaborative EV charging network to over 130 locations across 25+ states. The network, announced in 2022, aims to build up to 2,000 fast charging stalls at up to 500 Pilot and Flying J locations.

The charging infrastructure now covers major corridors including I-75 between Michigan and Georgia, and regional routes connecting Minneapolis to Milwaukee, Detroit to Cleveland, San Antonio to Houston, and Dallas to Nashville. The stations feature EVgo's high-power chargers offering up to 350kW, enabling recharge times as short as 15 minutes.

The locations offer premium amenities including lounges, free Wi-Fi, restaurants, convenience items, 24/7 access, and pull-through charging stalls with canopies. The expansion comes as EV sales reached 1.3 million in 2024, with GM's EV sales increasing 50% in Q4 2024.

NMG (NYSE: NMG, TSX: NOU) has released an Updated Feasibility Study for its integrated Phase-2 operations, encompassing the Matawinie Mine and Bécancour Battery Material Plant in Québec, Canada. The study shows an after-tax IRR of 17.5% and NPV of US$1,053 million.

The company has secured offtake agreements with Panasonic Energy and General Motors, covering over 80% of planned Phase-2 active anode material production. The integrated production model includes a Matawinie Mine output of 105,882 tonnes per annum of graphite concentrate over a 25-year life span, feeding the Bécancour Battery Material Plant for advanced processing.

Upon positive final investment decision (FID), both facilities could enter commercial production within three years. The project benefits from Québec's hydropower infrastructure and strategic location within 150-km radius of Montréal. Key risks identified include water treatment process technology optimization and integration of Asian suppliers into detailed engineering.

GM and PG&E have launched a residential Vehicle-to-Everything pilot program in Northern and Central California, offering up to $4,500 in incentives for qualifying GM Energy home products with bidirectional charging capability. The program allows compatible GM EVs to power homes during outages and potentially support grid resiliency.

Eligible vehicles include the 2024 models of Chevrolet Silverado EV, Equinox EV, Blazer EV, Cadillac Lyriq EV, GMC Sierra, and 2025 Cadillac Lyriq EV, with plans to add all 2025 EV models. The collaboration aims to evaluate bidirectional technology's potential for customer value and grid support, while participating customers can receive additional incentives through planned backup power events and continued enrollment.

Dolby Laboratories (NYSE: DLB) and General Motors (NYSE: GM) have announced a significant partnership to integrate Dolby Atmos across Cadillac's entire 2026 electric vehicle lineup. The feature will be available in models including the ESCALADE IQL, ESCALADE IQ, LYRIQ-V, OPTIQ, and VISTIQ. Select 2025 models will receive this capability through over-the-air updates.

The partnership comes amid increasing consumer demand for premium audio experiences, with nearly 90% of music streaming subscribers considering enhanced audio quality a 'must-have' feature. The technology is widely available, with 93% of Billboard's 2024 Top 100 Artists releasing music in Dolby Atmos format.

This strategic move aligns with current driving trends, as U.S. drivers collectively cover over 3 trillion miles annually, according to the Federal Highway Administration, making in-car entertainment increasingly important for consumers.

Cadillac Formula 1 Team, backed by TWG Motorsports and General Motors (GM), has received final approval to join the F1 grid in 2026 as the 11th team. The partnership creates a distinctly American team combining TWG Motorsports' resources and GM's engineering expertise.

The team has appointed Graeme Lowdon as Team Principal and Russ O'Blenes as CEO of TWG GM Performance Power Units. Since January 2023, TWG Motorsports has built a team of over 300 people focusing on aerodynamics, chassis development, and simulation. Operations are established across multiple locations including Indianapolis, Charlotte, Warren, and Silverstone.

The team is actively developing their V6 power unit and has operational wind-tunnel models with parts production and performance testing underway, preparing for their 2026 debut.

General Motors (GM) has announced significant shareholder-friendly initiatives, including a new $6 billion share repurchase authorization and a quarterly dividend increase. The company will execute $2 billion of the repurchase through an Accelerated Share Repurchase (ASR) program expected to conclude in Q2 2025.

The quarterly dividend will increase by $0.03 to $0.15 per share, effective from the next planned dividend in April 2025. GM's capital spending for 2025 is projected at $10-11 billion, with over $8 billion allocated to research and product development.

As of December 31, 2024, GM had less than 1 billion total shares outstanding, with weighted average common shares of 1.055 billion in 2024. The company maintains $4.3 billion capacity for additional opportunistic share repurchases outside the ASR program.

General Motors (GM) reported full-year 2024 net income of $6.0 billion and EBIT-adjusted of $14.9 billion. The fourth quarter showed a net loss of $3.0 billion, impacted by over $5 billion in special charges, including $4 billion in restructuring and China joint venture impairments, plus $0.5 billion related to Cruise robotaxi.

Full-year 2024 revenue increased 9.1% to $187.4 billion, with EBIT-adjusted margin improving to 8.0%. The company's 2025 guidance projects net income of $11.2-12.5 billion and EBIT-adjusted of $13.7-15.7 billion, assuming stable North American policy environment and $0.5 billion benefit from reduced Cruise expenses.

Notable metrics include automotive operating cash flow of $23.9 billion and adjusted automotive free cash flow of $14.0 billion for 2024. GMNA EBIT-adjusted margin improved to 9.2%, while GMI faced challenges with China equity income showing a significant loss of $4.4 billion.