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General Motors Company (GM) Q1 2025 Earnings Call Transcript

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General Motors Company (NYSE:GM) Q1 2025 – Earnings Conference Call May 1, 2025 8:30 AM ET

Company Participants

Ashish Kohli – VP, IR
Mary Barra – Chairman & CEO
Paul Jacobson – EVP & CFO

Conference Call Participants

Itay Michaeli – TD Cowen
Joe Spak – UBS
Emmanuel Rosner – Wolfe Research
Dan Levy – Barclays
Mike Ward – Citi Research
Adam Jonas – Morgan Stanley
Daniel Roska – Bernstein
John Murphy – Bank of America

Operator

Good morning, and welcome to the General Motors Company First Quarter 2025 Earnings Conference Call. During the opening remarks, all participants will be in a listen only mode. After the opening remarks, we will conduct a question and answer session. We are asking analysts to limit their questions to one and a brief follow-up. [Operator Instructions]. As a reminder, this conference call is being recorded Thursday, May 1, 2025.

I would now like to turn the conference over to Ashish Kohli, GM’s Vice President of Investor Relations.

Ashish Kohli

Thanks, Julie, and good morning, everyone. We appreciate you joining us as we review GM’s financial results for the first quarter of 2025. Our conference call materials were issued this morning and are available on GM’s Investor Relations website. We are also broadcasting this call via webcast.

Joining us today are Mary Barra, GM’s Chair and CEO and Paul Jacobson, GM’s Executive Vice President and CFO, Susan Sheffield, President and CEO of GM Financial, who has taken over from Dan Berce after his recent retirement, will also be joining us for the Q&A portion of the call.

On today’s call, management will make forward-looking statements about our expectations. These statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include the factors identified in our filings with

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