GM Q1 2024 Results: Automotive & Financial Segments Detailed

TL;DR

GM's Q1 2024 10-Q is out, showing detailed financials for auto and finance arms. Balance sheet updates as of March 31.

AI Summary

General Motors Co. reported its first quarter results for the period ending March 31, 2024. The company's filing details financial performance across its Automotive and GM Financial segments, with specific data points on revenue, assets, and equity for these divisions. The report also includes balance sheet information as of March 31, 2024, and December 31, 2023.

Why It Matters

This 10-Q filing provides investors with a detailed look into General Motors' financial health and operational performance for the first quarter of 2024, crucial for investment decisions.

Risk Assessment

Risk Level: low — This filing is a standard quarterly report and does not contain immediate red flags or significant new risks.

Key Numbers

• 2024-03-31 — Reporting Period End Date (Marks the end of the first quarter for which financial data is reported.)
• 2024-01-01 — Reporting Period Start Date (Marks the beginning of the first quarter for which financial data is reported.)
• 2023-12-31 — Prior Year End Date (Provides a comparison point for balance sheet items from the end of the previous fiscal year.)
• 2023-03-31 — Prior Year Q1 End Date (Provides a comparison point for financial performance from the first quarter of the previous year.)

Key Players & Entities

• General Motors Co. (company) — Filer of the 10-Q
• March 31, 2024 (date) — End of reporting period
• 20240331 (date) — Conformed period of report
• 20240423 (date) — Filing date
• 300 RENAISSANCE CENTER (address) — Company business and mail address
• DETROIT (city) — Company business and mail city
• MI (state) — Company business and mail state
• 48265-3000 (zip_code) — Company business and mail zip code
• 313.667.1500 (phone_number) — Company business phone

FAQ

From the Filing

0001467858-24-000076.txt : 20240423 0001467858-24-000076.hdr.sgml : 20240423 20240423150348 ACCESSION NUMBER: 0001467858-24-000076 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 92 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240423 DATE AS OF CHANGE: 20240423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: General Motors Co CENTRAL INDEX KEY: 0001467858 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 270756180 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-34960 FILM NUMBER: 24864356 BUSINESS ADDRESS: STREET 1: 300 RENAISSANCE CENTER CITY: DETROIT STATE: MI ZIP: 48265-3000 BUSINESS PHONE: 313.667.1500 MAIL ADDRESS: STREET 1: 300 RENAISSANCE CENTER CITY: DETROIT STATE: MI ZIP: 48265-3000 10-Q 1 gm-20240331.htm 10-Q gm-20240331 0001467858 12/31 2024 Q1 FALSE 9 1 1 http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent 262 262 262 0001467858 2024-01-01 2024-03-31 0001467858 2024-04-12 xbrli:shares 0001467858 gm:AutomotiveMember 2024-01-01 2024-03-31 iso4217:USD 0001467858 gm:AutomotiveMember 2023-01-01 2023-03-31 0001467858 gm:GmFinancialMember 2024-01-01 2024-03-31 0001467858 gm:GmFinancialMember 2023-01-01 2023-03-31 0001467858 2023-01-01 2023-03-31 iso4217:USD xbrli:shares 0001467858 2024-03-31 0001467858 2023-12-31 0001467858 gm:AutomotiveMember 2024-03-31 0001467858 gm:AutomotiveMember 2023-12-31 0001467858 gm:GmFinancialMember 2024-03-31 0001467858 gm:GmFinancialMember 2023-12-31 0001467858 2022-12-31 0001467858 2023-03-31 0001467858 us-gaap:CommonStockMember 2022-12-31 0001467858 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001467858 us-gaap:RetainedEarningsMember 2022-12-31 0001467858 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001467858 us-gaap:NoncontrollingInterestMember 2022-12-31 0001467858 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001467858 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-03-31 0001467858 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001467858 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001467858 us-gaap:CommonStockMember 2023-03-31 0001467858 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001467858 us-gaap:RetainedEarningsMember 2023-03-31 0001467858 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001467858 us-gaap:NoncontrollingInterestMember 2023-03-31 0001467858 us-gaap:CommonStockMember 2023-12-31 0001467858 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001467858 us-gaap:RetainedEarningsMember 2023-12-31 0001467858 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001467858 us-gaap:NoncontrollingInterestMember 2023-12-31 0001467858 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001467858 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001467858 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001467858 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001467858 us-gaap:CommonStockMember 2024-03-31 0001467858 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001467858 us-gaap:RetainedEarningsMember 2024-03-31 0001467858 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001467858 us-gaap:NoncontrollingInterestMember 2024-03-31 0001467858 gm:AutomotiveMember us-gaap:OperatingSegmentsMember gm:VehiclesandPartsMember gm:GmnaMember 2024-01-01 2024-03-31 0001467858 gm:AutomotiveMember gm:GMIMember us-gaap:OperatingSegmentsMember gm:VehiclesandPartsMember 2024-01-01 2024-03-31 0001467858 gm:AutomotiveMember gm:VehiclesandPartsMember us-gaap:CorporateNonSegmentMember 2024-01-01 2024-03-31 0001467858 gm:AutomotiveMember us-gaap:OperatingSegmentsMember gm:VehiclesandPartsMember 2024-01-01 2024-03-31 0001467858 gm:VehiclesandPartsMember us-gaap:IntersegmentEliminationMember 2024-01-01 2024-03-31 0001467858 gm:VehiclesandPartsMember 2024-0