General Motors Co (NYSE:GM)

$ 45.28 0.22 (0.49%) Market Cap: 51.64 Bil Enterprise Value: 148.14 Bil PE Ratio: 5.53 PB Ratio: 0.75 GF Score: 81/100

General Motors Co at Bank of America Global Automotive Virtual Summit Transcript

Mar 31, 2021 / 06:10PM GMT

Release Date Price: $57.46 (-1.79%)

Transcript

John Joseph Murphy

BofA Securities, Research Division - MD and Lead United States Auto Analyst

Well, welcome back, everybody, to our afternoon sessions here. We're very happy to have General Motors up next. It's a company that recognized the evolution of the industry long before others, took action to rationalize its core business to drive higher profits, to reinvest and feed its future business opportunities like Cruise and the Ultium platform as well as leverage the growth and innovation group that is actually leading to new adjacent business opportunities like BrightDrop that leverage GM's core. It sounds like a little bit of a circular reference, and it is because the core of GM is funding the future, and they're doing a great job in that circular reference opportunity and really pushing forward much better than any other company is out there, at least in our opinion.

Today, from GM, we are very happy to have Paul Jacobson, GM's new CFO, who comes to us from a long career at Delta, where he was also CFO. Thanks for joining us today, Paul. We really appreciate the time and appreciate you

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