GM will be executing on its EV ambitions in 2024, says CEO Mary Barra
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 28 2024
0mins
Should l Buy F?
Source: Yahoo Finance
- Mary Barra's Leadership at GM:
- Mary Barra, CEO of General Motors, focuses on executing ambitious EV goals in 2024.
- She tours a new production facility for Cadillac Celestiq EVs and drives the Corvette E-ray hybrid.
- Barra's leadership style is praised for being steady and respectful of GM's history.
- Barra's Career Path:
- Barra started at GM inspecting fenders and later graduated in electrical engineering.
- Her diverse career path includes roles in communications, marketing, and manufacturing.
- GM's Shift to Electric Vehicles:
- GM plans to invest $35 billion in electric and autonomous vehicles between 2020 and 2025.
- The company aims to introduce several EV models in 2024 and targets an all-electric future.
- Investor Confidence and Stock Performance:
- GM's stock price has been impacted by heavy investments in electric vehicles.
- Despite recent initiatives like a stock buyback plan and dividend increase, GM's stock valuation remains low.
- Future Outlook:
- GM expects variable EV profitability in the second half of 2024 and fully-accounted profit in 2025.
- Industry experts express confidence in GM's success with EVs under Barra's leadership.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy F?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on F
Wall Street analysts forecast F stock price to rise
14 Analyst Rating
3 Buy
10 Hold
1 Sell
Hold
Current: 12.380
Low
11.00
Averages
13.65
High
16.00
Current: 12.380
Low
11.00
Averages
13.65
High
16.00
About F
Ford Motor Company is an automobile company. The Company develops and delivers Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles, along with connected services. The Company’s segments include Ford Blue, Ford Model e, Ford Pro, and Ford Credit. The Ford Blue segment primarily includes the sale of Ford and Lincoln internal combustion engine (ICE) and hybrid vehicles, service parts, accessories, and digital services for retail customers. The Ford Model e segment primarily includes the sale of its electric vehicles, service parts, accessories, and digital services for retail customers. The Ford Pro segment primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. The Ford Credit segment consists of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities. Its vehicle brands are Ford and Lincoln.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Automakers Shift Focus to Hybrid Vehicles Amid EV Sales Decline
- Market Demand Shift: U.S. electric vehicle sales fell 27% year-over-year in Q1 2026, prompting automakers like Ford and GM to reassess their EV strategies and pivot towards hybrid models to align with changing consumer preferences.
- Significant Financial Losses: Ford faced a $19.5 billion write-down in 2025 due to its EV business struggles and has discontinued its all-electric F-150 Lightning, reflecting a pessimistic outlook on the EV market.
- Strategic Adjustments: General Motors has paused development on its next-generation electric trucks and SUVs, having recorded a $6 billion write-down related to its EVs earlier this year, indicating a major shift in its investment strategy in the electric vehicle sector.
- Collaborative Opportunities: Scout Motors plans to launch hybrid models leveraging Rivian's technology architecture, suggesting that Rivian should consider collaborating with Volkswagen to develop hybrid vehicles, thereby expanding its customer base while maintaining its zero-emission brand commitment.
See More
Chaos Erupts at White House Correspondents' Dinner Amid Security Incident
- White House Chaos: An armed man charged a security checkpoint during the White House Correspondents' Dinner, prompting evacuation of President Trump and officials, which has drawn widespread condemnation and highlights increasing political violence in the U.S.
- Investigation Closure: The Justice Department has ended its criminal investigation into Fed Chair Jerome Powell, clearing the way for Trump's nominee Kevin Warsh, which could significantly influence future monetary policy decisions.
- Iran Negotiation Halt: Trump canceled plans to send U.S. representatives to Pakistan for ceasefire talks, resulting in Brent crude prices surpassing $106 per barrel, exerting downward pressure on stock futures amid faltering peace talks.
- Tesla AI Testing: Tesla is beta testing xAI's Grok chatbot for in-vehicle voice commands, aiming to enhance driver experience, but safety experts warn that such features could distract drivers and compromise road safety.
See More
Trump's White House Dinner Chaos Incident
- White House Dinner Chaos: An armed man charged a security checkpoint during the White House Correspondents' Dinner, prompting the evacuation of Trump and other officials; Trump reported that one officer was shot but saved, highlighting the increasing political violence in the U.S.
- Iran Negotiation Cancellation: Trump canceled plans to send U.S. representatives to Pakistan for ceasefire talks with Iran, stating that Iran could initiate dialogue by calling, which led Brent crude prices to surpass $106 per barrel, exerting downward pressure on stock futures.
- Fed Investigation Closure: The Justice Department ended its criminal investigation into Fed Chair Powell, clearing the way for Trump's nominee Warsh to gain support for confirmation, while Powell now faces a decision on whether to remain as a Fed governor after his term ends.
- Musk vs. Altman Trial: The trial between Musk and OpenAI CEO Altman begins today in Oakland, California, with Musk alleging in a $134 billion lawsuit that OpenAI failed to uphold its promise, which could significantly impact the future business trajectories of both tech leaders.
See More
U.S. Automakers' Q1 Earnings Outlook Amid Rising Costs
- Strong GM Performance: General Motors is expected to report an EPS of $2.61 for Q1, reflecting its steady growth in market share and margins, which solidifies its leadership position amid the transition to electric vehicles.
- Ford Faces Challenges: Ford has lost 100,000 units of production due to supply chain disruptions in aluminum, and while it aims for an adjusted EBIT of $8 billion to $10 billion in 2026, market sentiment remains cautious regarding its ability to meet these targets.
- Stellantis Recovery Plan: Stellantis saw a 12% increase in global vehicle shipments in Q1, with a 4% rise in the U.S. market, indicating a gradual recovery in market share under CEO Antonio Filosa's leadership.
- Market Environment Impact: Rising raw material and freight costs due to the Iran war have led analysts to adopt a cautious outlook on the earnings expectations for the
See More
Earnings Season Peak: Tech Giants Set Market Tone
- Strong Earnings Performance: So far, about 140 S&P 500 companies have reported earnings, with 82% exceeding expectations, indicating resilience in the overall market and improved corporate profitability, which may set a positive tone for upcoming reports.
- Coca-Cola Growth Expectations: Coca-Cola is expected to see an 11% year-over-year growth this quarter, with management holding a conference call at 8:30 a.m.; analysts believe the company's agility in navigating market volatility could further boost investor confidence.
- General Motors Dividend Increase: General Motors topped expectations last quarter and raised its dividend by 20%, although slight declines in earnings and revenue are anticipated this quarter, analysts remain optimistic about its operational resilience, potentially attracting more investor interest.
- Amazon and Microsoft Outlook: Amazon is expected to report slight growth, while Microsoft anticipates double-digit earnings and revenue growth; investors will focus on both companies' performances in AI and cloud computing to assess their future growth potential.
See More
FORD REFUTES CLAIMS OF DISCUSSIONS WITH GEELY TO INTRODUCE CHINESE TECHNOLOGY TO THE U.S. - BLOOMBERG NEWS
- Ford Denies Reported Talks: Ford has denied reports suggesting discussions with Geely regarding the transfer of technology to China.
- Bloomberg News Coverage: The information was initially reported by Bloomberg News, which highlighted the potential implications of such talks.
See More
Automakers Shift Focus to Hybrid Vehicles Amid EV Sales Decline
- Market Demand Shift: U.S. electric vehicle sales fell 27% year-over-year in Q1 2026, prompting automakers like Ford and GM to reassess their EV strategies and pivot towards hybrid models to align with changing consumer preferences.
- Significant Financial Losses: Ford faced a $19.5 billion write-down in 2025 due to its EV business struggles and has discontinued its all-electric F-150 Lightning, reflecting a pessimistic outlook on the EV market.
- Strategic Adjustments: General Motors has paused development on its next-generation electric trucks and SUVs, having recorded a $6 billion write-down related to its EVs earlier this year, indicating a major shift in its investment strategy in the electric vehicle sector.
- Collaborative Opportunities: Scout Motors plans to launch hybrid models leveraging Rivian's technology architecture, suggesting that Rivian should consider collaborating with Volkswagen to develop hybrid vehicles, thereby expanding its customer base while maintaining its zero-emission brand commitment.
See More
Chaos Erupts at White House Correspondents' Dinner Amid Security Incident
- White House Chaos: An armed man charged a security checkpoint during the White House Correspondents' Dinner, prompting evacuation of President Trump and officials, which has drawn widespread condemnation and highlights increasing political violence in the U.S.
- Investigation Closure: The Justice Department has ended its criminal investigation into Fed Chair Jerome Powell, clearing the way for Trump's nominee Kevin Warsh, which could significantly influence future monetary policy decisions.
- Iran Negotiation Halt: Trump canceled plans to send U.S. representatives to Pakistan for ceasefire talks, resulting in Brent crude prices surpassing $106 per barrel, exerting downward pressure on stock futures amid faltering peace talks.
- Tesla AI Testing: Tesla is beta testing xAI's Grok chatbot for in-vehicle voice commands, aiming to enhance driver experience, but safety experts warn that such features could distract drivers and compromise road safety.
See More
Trump's White House Dinner Chaos Incident
- White House Dinner Chaos: An armed man charged a security checkpoint during the White House Correspondents' Dinner, prompting the evacuation of Trump and other officials; Trump reported that one officer was shot but saved, highlighting the increasing political violence in the U.S.
- Iran Negotiation Cancellation: Trump canceled plans to send U.S. representatives to Pakistan for ceasefire talks with Iran, stating that Iran could initiate dialogue by calling, which led Brent crude prices to surpass $106 per barrel, exerting downward pressure on stock futures.
- Fed Investigation Closure: The Justice Department ended its criminal investigation into Fed Chair Powell, clearing the way for Trump's nominee Warsh to gain support for confirmation, while Powell now faces a decision on whether to remain as a Fed governor after his term ends.
- Musk vs. Altman Trial: The trial between Musk and OpenAI CEO Altman begins today in Oakland, California, with Musk alleging in a $134 billion lawsuit that OpenAI failed to uphold its promise, which could significantly impact the future business trajectories of both tech leaders.
See More
U.S. Automakers' Q1 Earnings Outlook Amid Rising Costs
- Strong GM Performance: General Motors is expected to report an EPS of $2.61 for Q1, reflecting its steady growth in market share and margins, which solidifies its leadership position amid the transition to electric vehicles.
- Ford Faces Challenges: Ford has lost 100,000 units of production due to supply chain disruptions in aluminum, and while it aims for an adjusted EBIT of $8 billion to $10 billion in 2026, market sentiment remains cautious regarding its ability to meet these targets.
- Stellantis Recovery Plan: Stellantis saw a 12% increase in global vehicle shipments in Q1, with a 4% rise in the U.S. market, indicating a gradual recovery in market share under CEO Antonio Filosa's leadership.
- Market Environment Impact: Rising raw material and freight costs due to the Iran war have led analysts to adopt a cautious outlook on the earnings expectations for the
See More
Earnings Season Peak: Tech Giants Set Market Tone
- Strong Earnings Performance: So far, about 140 S&P 500 companies have reported earnings, with 82% exceeding expectations, indicating resilience in the overall market and improved corporate profitability, which may set a positive tone for upcoming reports.
- Coca-Cola Growth Expectations: Coca-Cola is expected to see an 11% year-over-year growth this quarter, with management holding a conference call at 8:30 a.m.; analysts believe the company's agility in navigating market volatility could further boost investor confidence.
- General Motors Dividend Increase: General Motors topped expectations last quarter and raised its dividend by 20%, although slight declines in earnings and revenue are anticipated this quarter, analysts remain optimistic about its operational resilience, potentially attracting more investor interest.
- Amazon and Microsoft Outlook: Amazon is expected to report slight growth, while Microsoft anticipates double-digit earnings and revenue growth; investors will focus on both companies' performances in AI and cloud computing to assess their future growth potential.
See More
FORD REFUTES CLAIMS OF DISCUSSIONS WITH GEELY TO INTRODUCE CHINESE TECHNOLOGY TO THE U.S. - BLOOMBERG NEWS
- Ford Denies Reported Talks: Ford has denied reports suggesting discussions with Geely regarding the transfer of technology to China.
- Bloomberg News Coverage: The information was initially reported by Bloomberg News, which highlighted the potential implications of such talks.
See More
