GM's 2022 Q4 topped 2021 by 16% net income and exceeded Wall Street's full year expectations by nearly $2.5B. On the bumper of the news, they set an optimistic 2023 target higher than Wall Street predictions. Shares jumped 5% in early trading yesterday.
The Arnold special. Like the Governator, but more electric. Not to be confused with the Hummer trucks that have been around since December 2021, the EV Hummer SUVs have no truck bed and a 2,923 lb battery. GM has started production and says customers will receive delivery by the end of Q1.