General Motors (GM) experienced a significant shift in its revenue and expense distribution in Q4 2024, with the Automotive segment contributing predominantly to the revenue, and the General Motors Financial segment handling a portion of the expenses.
- Automotive Segment Dominance in Revenue: The Automotive segment generated a total revenue of $171.61 billion, accounting for the majority of GM's revenue in Q4 2024. This is a substantial figure that underscores the segment's robust performance and contribution to the company's overall revenue base.
- General Motors Financial Segment's Role in Expenses: The General Motors Financial segment was responsible for $15.84 billion and $11.73 billion in revenue, which, when considered in the context of expenses, indicates that this segment also plays a role in managing certain expenses within GM. The financial segment's revenue of $4.16 billion in General Motors Financial further supports its involvement in financial activities that may impact the company's overall expenses.
In summary, Q4 2024 saw GM's revenue heavily concentrated in the Automotive segment, while the General Motors Financial segment was involved in managing expenses, including financial revenues that could impact the company's overall expense picture.