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    Ashish Khanna, Global CEO, Dentsu Global Services

    Dentsu Appoints Ashish Khanna as Global CEO, Dentsu Global Services

    India Start-Ups Shine: Three Named Awardees of DBS Foundation’s Grant Programme 2022

    Global Economy’s “Speed Limit” Set to Fall to Three-Decade Low

    Christchurch welcomes back Emirates’ A380

    Sabre announces agreement with Capillary Technologies to help airlines and hoteliers delight travelers through next-generation customer loyalty programs

    Suite Dreams at Old Trafford: Experience a Marriott Hotels Room Like No Other

  • Business

    Atos Provides an Update Regarding the ongoing Strategic Discussions with Airbus

    Air India Group completes major milestone in the integration of Air India Express and AirAsia India

    Cathay Cargo brings automation and shipment visibility to postal shipments with Cathay Mail

  • Health

    Bobba Group opens 75,000-square-foot tech-enabled warehouse on Bellary Road

    Novel treatment for Parkinson’s disease – Deep Brain Stimulation with Brainsense technology offered at Kasturba Hospital Manipal

    Breakthrough In Facial Nerve Schwannoma Treatment, Apollo Doctors Perform Endoscopic Transcanal Excision

    Primus Senior Homes teams up with LiveAltlife to conduct a diabetes awareness session

    “Diabetes is a serious & rapidly growing lifestyle health issue in the world.- Mr. James Joseph, Founder, Jackfruit365.com

    INDIA’S FIRST ALL-DIGITAL RESTAURANTS – KFC SMART RESTAURANTS

  • Technology
    • All
    • Environment
    • Science

    Wadhwani AI has Signed an MoU with the Government of Karnataka to Promote the Welfare of Farmers Across the State

    Wipro Recognized As A ‘Leader’ in the ISG Provider Lens™ 2022 for Future of Work – Services and Solutions in the Swiss and US markets

    Novel treatment for Parkinson’s disease – Deep Brain Stimulation with Brainsense technology offered at Kasturba Hospital Manipal

    o9 Solutions Delivers End-to-End Supply Chain Transformation at Godfrey Phillips India

    Chennai-based HR firm CIEL announces Strategic Investment in Tech Platforms as part of its IPO Roadmap

    Concept Communication announces AVTR META LABS – India’s First Content Driven Meta Influencer Company

  • Auto

    BMW India Introduces New Diesel Variants of the BMW X3

    From-L-R-Mr.-Anuj-Kathuria-President-India-JK-Tyre-Indust-JK-Tyre-Industries-scaled.jpg
March 29, 2023

    “We are excited to have entered the luxury car tyre market with Levitas Ultra and are keen to address our customers’ emerging needs”-Mr. Anuj Kathuria, President (India), JK Tyre & Industries Ltd

    BMW Motorrad GS Experience 2023 thrills adventure seekers in Bengaluru

    Stellantis Invests €130 Million in Eisenach Assembly Plant in Germany for Electric Opel Grandland Successor

  • Sports

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    BCCI Announces Herbalife as its Official Partner for TATA IPL 2023

    Bowring Institute to host Tennis Summer Camp

    TATA IPL 2023 BANGALORE TROPHY TOUR

  • Entertainment

    WATCHO Exclusives premieres crime thriller series, “EXPLOSIVE”

    Intel Reports Fourth-Quarter and Full-Year 2022 Financial Results

    Chandrajit Banerjee, DG, CII conferred award by Italian Government

    Mirchi 95 collaborates with Cult.Fit to create the first-ever drive-time workout

    Dar Al Arkan introduces Trump signature villas, hotel, and golf course at its hilltop project ‘AIDA’ in Muscat, Oman

    Dar Al Arkan introduces Trump signature villas, hotel, and golf course at its hilltop project ‘AIDA’ in Muscat, Oman

    Ravi Kale, Dheeraj Kumar, Sasha Chettri, Madhav Kodad, Manoj Joshi and Shyam Kumar Reddy

    Poster and Teaser of Hindi – Telugu Film Prestitute Launched

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    Last date for linking of PAN-Aadhaar extended

    Seagram’s Royal Stag Boombox Puts Forth a Sensational On-ground Experience in Bhubaneswar, Odisha with Musicians Badshah, Jasleen Royal, Dino James and DJ Yogii

    The Promotion4u – a New-Age Digital Marketing Company in India

    Dr, Rohra & Mrs. Jadhav

    Her zest to live gives longer life expectancy to Mrs. Sugandha Jadhav for her treatment at Wockhardt Hospitals, Mumbai Central

    ISKCON Delhi to Celebrate its 25th Anniversary on Rama Navami

    PM takes metro ride, in Bengaluru on March 25, 2023.

    PM inaugurates Whitefield (Kadugodi) to Krishnarajapura Metro Line of Bangalore Metro Takes Metro ride

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    Bobba Group opens 75,000-square-foot tech-enabled warehouse on Bellary Road

    SPOTTED! Ananya Panday Styled in JIMMY CHOO’s India-Exclusive SHAAN Capsule Collection

    The Lip Balm Company Celebrates 1st Anniversary with the Launch of Nayanthara Queen Bee Collection

    Havells Launches Unconventionally Beautiful Range of Storage Water Heaters- Otto and Orizzonte

    Ramanujan Intellion Park, Chennai

    Tata Realty and Infrastructure Ltd. Announces Enterprise-Wide Engagement in WELL

    LG LAUNCHES NEW RANGE OF FROST FREE REFRIGERATORS

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GM Releases 2022 Fourth-Quarter and Full-Year Results, and 2023 Guidance

by FWM
January 31, 2023
in Business
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DETROIT –Tuesday, Jan. 31, 2023, at 6:30 a.m. ET

General Motors Co. (NYSE: GM) today reported fourth–quarter 2022 revenue of $43.1 billion,
net income
attributable to stockholders of $2.0 billion and EBIT–adjusted of $3.8 billion.
GM’s full
–year 2022 revenue was $156.7 billion, net income attributable to stockholders was $9.9 billion
and EBIT
–adjusted was a record $14.5 billion. Results were at the high–end of the company’s revised
EBIT
–adjusted guidance range.
The company expects its core auto operations to perform at a consistently strong level in 2023, with full
–
year net income attributable to stockholders of $8.7 billion
–$10.1 billion, EBIT–adjusted of $10.5 billion–
$12.5 billion, and EPS
–diluted and EPS–diluted–adjusted of $6.00–$7.00.
GM also expects strong cash flows from automotive operations for the calendar year, including:

•
Net automotive cash provided by operating activities of $16.0 billion–$20.0 billion
•
Adjusted automotive free cash flow of $5.0 billion–$7.0 billion

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FWM

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