GM North America 2024 earnings report: sales growth, profit improvement

General Motors North America has achieved significant results in 2024, according to the latest report. Net income fluctuated between $35.2 billion and $41.2 billion, while sales increased from 782,000 to 876,000 units. Adjusted EBITDA reached $4.4 billion in 2024, with a margin of 9.2%, within the target range. In addition, dealer inventories also increased, from 457,000 vehicles to 597,000 vehicles.