GM Files Q3 2024 10-Q with Segmental Financials
Ticker: GM · Form: 10-Q · Filed: 2024-10-22T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, automotive, legal-risk
TL;DR
GM's Q3 10-Q is in, showing detailed financials for Auto & GM Financial vs. last year. Check the numbers!
AI Summary
General Motors Co. filed its 10-Q for the period ending September 30, 2024. The filing details financial performance across its Automotive and GM Financial segments for the third quarter and the first nine months of 2024, comparing them to the same periods in 2023. Specific financial figures and operational data are presented for these segments.
Why It Matters
This filing provides investors with the latest financial results and operational details for General Motors, crucial for understanding the company's performance and future outlook in the automotive sector.
Risk Assessment
Risk Level: medium — The filing contains information about potential legal proceedings, such as class action lawsuits related to airbags, which could have financial implications.
Key Players & Entities
- General Motors Co. (company) — Filer of the 10-Q
- 2024-09-30 (date) — End of the reporting period
- 2024-10-22 (date) — Filing date
- Automotive (company_segment) — Key business segment reported
- GM Financial (company_segment) — Key business segment reported
FAQ
What were the key financial periods covered in this 10-Q filing?
This 10-Q filing covers the third quarter of 2024 (July 1, 2024 to September 30, 2024) and the first nine months of 2024 (January 1, 2024 to September 30, 2024), with comparisons to the same periods in 2023.
Which business segments of General Motors are detailed in this report?
The report details the financial performance of General Motors' 'AutomotiveMember' and 'GmFinancialMember' segments.
What is the fiscal year end for General Motors?
General Motors' fiscal year ends on December 31st.
What is the filing date of this 10-Q report?
This 10-Q report was filed on October 22, 2024.
Are there any mentions of legal proceedings or potential liabilities in the filing?
Yes, the filing includes references to 'plaintiff', 'numberOfClassAction', 'numberOfMotorVehicle', 'airbagInflator', and 'defect', suggesting potential legal issues related to motor vehicle defects.
From the Filing
0001467858-24-000117.txt : 20241022 0001467858-24-000117.hdr.sgml : 20241022 20241022160211 ACCESSION NUMBER: 0001467858-24-000117 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 93 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241022 DATE AS OF CHANGE: 20241022 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: 241386339 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-20240930.htm 10-Q gm-20240930 0001467858 12/31 2024 Q3 FALSE 3 1 1 http://fasb.org/us-gaap/2024#AccountsPayableCurrent http://fasb.org/us-gaap/2024#AccountsPayableCurrent 88 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure gm:plaintiff gm:numberOfClassAction gm:numberOfMotorVehicle gm:airbagInflator gm:defect 0001467858 2024-01-01 2024-09-30 0001467858 2024-10-11 0001467858 gm:AutomotiveMember 2024-07-01 2024-09-30 0001467858 gm:AutomotiveMember 2023-07-01 2023-09-30 0001467858 gm:AutomotiveMember 2024-01-01 2024-09-30 0001467858 gm:AutomotiveMember 2023-01-01 2023-09-30 0001467858 gm:GmFinancialMember 2024-07-01 2024-09-30 0001467858 gm:GmFinancialMember 2023-07-01 2023-09-30 0001467858 gm:GmFinancialMember 2024-01-01 2024-09-30 0001467858 gm:GmFinancialMember 2023-01-01 2023-09-30 0001467858 2024-07-01 2024-09-30 0001467858 2023-07-01 2023-09-30 0001467858 2023-01-01 2023-09-30 0001467858 2024-09-30 0001467858 2023-12-31 0001467858 gm:AutomotiveMember 2024-09-30 0001467858 gm:AutomotiveMember 2023-12-31 0001467858 gm:GmFinancialMember 2024-09-30 0001467858 gm:GmFinancialMember 2023-12-31 0001467858 2022-12-31 0001467858 2023-09-30 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 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 2023-03-31 0001467858 us-gaap:RetainedEarningsMember 2023-04-01 2023-06-30 0001467858 us-gaap:NoncontrollingInterestMember 2023-04-01 2023-06-30 0001467858 2023-04-01 2023-06-30 0001467858 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 2023-06-30 0001467858 us-gaap:AdditionalPaidInCapitalMember 2023-04-01 2023-06-30 0001467858 us-gaap:CommonStockMember 2023-06-30 0001467858 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0001467858 us-gaap:RetainedEarningsMember 2023-06-30 0001467858 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-30 0001467858 us-gaap:NoncontrollingInterestMember 2023-06-30 0001467858 2023-06-30 0001467858 us-gaap:RetainedEarningsMember 2023-07-01 2023-09-30 0001467858 us-gaap:NoncontrollingInterestMember 2023-07-01 2023-09-30 0001467858 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-07-01 2023-09-30 0001467858 us-gaap:AdditionalPaidInCapitalMember 2023-07-01 2023-09-30 0001467858 us-gaap:CommonStockMember 2023-09-30 0001467858 us-gaap:AdditionalPaidInCapitalMember 2023-09-30 0001467858 us-gaap:RetainedE