Surveillance Special: GM CEO Mary Barra on Hybrids, EV Adoption
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 30 January 2024
⏱️ 11 minutes
🧾️ Download transcript
Summary
General Motors Co. CEO Mary Barra discusses a slowdown in electric vehicle adoption and the launch of plug-in hybrid models in their North America line-up. She speaks to Bloomberg’s Jonathan Ferro.
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| 0:45.0 | Joining us in the Bloomberg Savannah Studio, alongside me is GM CEO, Mary Borough on the later results with GM stock at the moment, |
| 0:56.8 | positive by about 7%. Mary Barry, the General Motors Chair and CEO, joins us now. |
| 1:01.3 | Mary, wonderful to catch up with with you a better story to tell this |
| 1:04.0 | morning. Let's start with that story. What's underpinning these higher profits for |
| 1:07.9 | 2024? Well if you look at the strong 2023 results, we had very strong internal combustion engine |
| 1:14.8 | sales and we had strong EV sales from our Bolt, EV and EUV. |
| 1:20.6 | But as we go into 24, we're going to build on that strength, and we think 24 can be another |
| 1:24.7 | strong year because we're going to be building many more Altium-based TVs. |
| 1:28.6 | We had a constraint with modules. |
| 1:30.5 | We have addressed that we're on track for the first month and by the middle of the year |
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