General Motors Co (NYSE:GM)
$ 53.7 1.9 (3.67%) Market Cap: 59.05 Bil Enterprise Value: 152.59 Bil PE Ratio: 5.72 PB Ratio: 0.83 GF Score: 80/100

General Motors Co at Bank of America Automotive Summit Transcript

Apr 04, 2023 / 02:30PM GMT
Release Date Price: $35.74 (-1.46%)
John Joseph Murphy
BofA Securities, Research Division - MD and Lead United States Auto Analyst

For the next session, we're very happy to have General Motors. It's a company that we think arguably is leading the charge in the core to future transition that we mentioned earlier today, really leveraging its core in a tremendous way to drive tremendous profit and cash flow here in the near term and has been for actually the last few years to fund its investment in the mid- and long-term strategies of EVs, AVs and connected vehicles and creating a huge opportunity that they've highlighted at their Investor Day recently for 2030 of almost doubling the revenue base. It's some pretty impressive targets. And it's all being funded internally. That's really important because you have such a strong core.

Today, we're very happy to have Paul Jacobson, the Chief Financial Officer that joined GM in 2020 from Delta, where he had a long esteemed career there, and we hope you have a long esteemed career and stay with us here in the auto industry for a while, Paul. So thanks so much for joining us. I know you have

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