General Motors Full-Year Report 2022
highlights
- Outstanding financial performance driven by improved core auto business
- Strong free cash flow generation continues to fund our EV and growth investments
- Highest ever quarterly GMNA revenue of ~$35.5B and EV sales of ~16.3K
- Gained most U.S. market share of any automotive manufacturer, 1.6pp, with record ATPS
- ~25% YoY wholesale volume growth from CY’21 to CY’22
- Achieved 10% GMNA EBIT-adjusted margin target
- Strong GM Financial EBT and increase in earning assets
- Cruise commercial expansion to Phoenix and Austin
- Delivered on or exceeded all components of our full-year guidance