"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.

General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks.

GM hourly employees who worked 1,850 compensated hours are expected to receive a profit-sharing check of $14,500.

Shares of GM are down 8% since Nov. 25 as Trump ratcheted up his views on tariffs. Ford's stock is off by 8.7%. Tesla's ( TSLA) stock is up 20% as CEO Elon Musk cozied up to Trump and leads his government cost cutting efforts.

General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to Tesla's Autopilot, with the expectation of bringing in billions of dollars in revenue.

General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street

Mary Barra provided no details on how the automaker will respond to the tariffs, nor how they will affect GM, which has manufacturing facilities in Canada and Mexico as well as the U.S.

GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax earnings but contrasted by layoffs and an unchanged focus on gasoline vehicles.

Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,

General Motors stock is moving sharply lower Tuesday even after the automaker reported a fourth-quarter earnings beat. Here's what you need to know.

In a CNBC interview, GM CEO Mary Barra discussed her conversation with the President, the company's strategic plans for potential tariff impacts on Mexico, and the expected $2 billion revenue from Super Cruise over the next five years.

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.