GM Shares Down on Disappointing Outlook

The transcript discusses General Motors' financial performance, including EPS and revenue guidance, and highlights the company's Q4 performance, which saw a miss on net sales but a beat on the bottom line due to consumer pricing behavior. The 2022 outlook is strong, with significant investments in EV capacity. The competitive landscape in the EV market is analyzed, comparing GM's strategy with Tesla and Ford. Supply chain challenges, particularly in semiconductors, are discussed, along with GM's market position, having lost the top US auto seller spot to Toyota.

What was the reported EPS for General Motors compared to the expected EPS?

• 135 versus 120

• 125 versus 140

• 120 versus 135

• 140 versus 125

What was a key factor that helped boost GM's bottom line despite missing on net sales?

• Lower taxes

• Higher consumer prices

• New product launches

• Increased production

What is the expected adjusted EBIT for GM in 2022?

• $12 to $14 billion

• $10 to $12 billion

• $15 to $17 billion

• $13 to $15 billion

How many reservations have been placed for the Silverado EV pickup?

• Over 100,000

• Over 120,000

• Over 130,000

• Over 110,000

Which company overtook GM as the top auto seller in the US?

• Nissan

• Toyota

• Tesla

• Ford