GM reports Q4 net loss of $3.0B on $5B+ special charges; 2025 guidance projects rebound

General Motors Co

2024-FY EPS reported $6.37 revenue$187,442,000,000

FY2024 net income $6.0B, down 41% YoY; EBIT-adjusted $14.9B, up 21% YoY.
Q4 net loss $2.96B vs profit $2.1B a year ago, hit by $4B China JV impairment and $0.5B Cruise shutdown charge.
China equity income swung to $(4.4)B in FY2024 from +$446M in 2023.
2025 guidance: net income $11.2-12.5B, EBIT-adjusted $13.7-15.7B, EPS $11-12.
Guidance assumes stable NA policy environment and $0.5B Cruise expense reduction.

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