GM Plans $5B Share Buyback

The transcript discusses GM's recent stock performance, highlighting a forecast increase and a $5 billion buyback. Mary Barra's leadership is praised for maintaining strong cash flow and executing well despite global market challenges. GM's strategy focuses on buybacks over dividends, aiming for a 20% return on invested capital. Growth opportunities are identified in SUVs, GM Financial, and Maven, with a shift towards profitable vehicles.

What was the main reason for GM's recent share price increase?

• A raised earnings forecast and share buyback

• A decrease in production costs

• A merger with another company

• A new product launch

What is GM's preference when it comes to capital allocation?

• Expanding into new markets

• Buying back more shares

• Investing in new factories

• Increasing dividends

How has GM managed to maintain profits despite market challenges?

• By cutting employee wages

• By increasing production

• Through strong SUV sales and strategic financial management

• By closing underperforming plants

What market trend is GM capitalizing on for growth?

• Hybrid technology

• Electric vehicles

• Luxury SUVs

• Compact cars

Which of the following is a new venture for GM that adds to its profitability?

• GM Financial and Maven

• Electric vehicle production

• New manufacturing plants

• International expansion