General Motors Company · NYSE:GM
General Motors — Investor Day (2024)
51 slides from General Motors's investor day presentation, 2024
Slide 1: Mark Reuss, President
Mark Reuss President
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation and related remarks by management may include “forward-looking statements” within the meaning of the US. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements represent
Slide 3: Product Disclosure
Product Disclosure Depicted vehicles and features shown throughout may be simulated or in a preproduction state and subject to change. Products may not be currently available and subject to limited availability. Certain vehicle performance and other specs, including acceleration, torque and range ar
Slide 4: Non-GAAP Financial Measures
Non-GAAP Financial Measures See our 2023 Form 10-K and our subsequent filings with the SEC for a description of certain non-GAAP measures referenced in this presentation and remarks made by management, including EBIT-adjusted, EPS-diluted-adjusted, ROIC-adjusted and adjusted automotive free cash flo
Slide 5: Chevrolet Equinox
CHEVROLET EQUINOX
Slide 6: Strategic priorities: ICE profitability, EV margins, partnerships, software, sales
Improved Profitability & Efficiency in ICE Flexibility to Meet Market Demand Improved EV Margins The Right Partnerships High-Quality Software Strategic Approach to Sales & Marketing
Slide 7: Buick Enclave
BUICK ENCLAVE
Slide 8: jiatito baal
ia jiatito baal j / | li
Slide 9: Chevrolet Equinox EV
CHEVROLET EQUINOX EV
Slide 10: Total parts reduction
10% n total parts e —
Slide 11: Parts reduction MY24 vs. MY25
parts reduction MY24 vs. MY25
Slide 12: Trims and complexity reduction
Trims am 35% reduction Next-Generation Full-Size Trucks and SUVs Selectable Buildable i Overall part count reduced by Options Combinations >1K parts 60% reduction 80% reduction
Slide 13: Chevrolet Trax
CHEVROLET TRAX
Slide 14: Raised SUV share since 2007
Raised = SUV share by ~40% since| 2007 CHEVROLET TRAX
Slide 15: Chevrolet Trax
CHEVROLET TRAX
Slide 16: EBIT improvement vs outgoing model
n, . mp EBIT improvement compared to outgoing model CHEVROLET TRAX
Slide 17: EBIT improvement vs outgoing model
14 ppts EBIT improvement compared SP to"outgoing model BUICK ENVIS
Slide 18: EBIT improvement vs outgoing model
ee a t EBI improv rovement cone = to ou tgoi ng rae
Slide 19: Buick Enclave EBIT improvement
BUICK ENCLAVE vehicle EBIT improvement from the prior generations
Slide 20: Buick Enclave owner loyalty
BUICK ENCLAVE Bet E =: pe es try leader in 9 consecutir owner loyalty years -S&P global mobility-
Slide 21: Crossover and SUV segments annual volume
Full-size Compact Mid-crossover Crossover SUV SUV Crossover ; >1M units of annual volume
Slide 22: Mid-SUV segment market-share increase
_~2 PPTS market-share of mid-SUV increase segment
Slide 23: Retail Truck Market Share
50% Retail Truck 40% 36.8% Market Share 30% a 20% ee Stellantis “ OBS 2024 CYTD
Slide 24: Total Retail Share
Total Retail Share 44% of the segment CHEVROLET SELV-ERAD.O -HD ZR2.
Slide 25: Chevrolet Tahoe
CHEVROLET TAHOE
Slide 26: Luxury Full-Size SUV Segment
Slide 27: Fuel Efficiency Improvement in Full-Size V8 Trucks
Fuel Efficiency Improvement iN Full-Size V8 Trucks CHEVRO ILVERADO 1500 WORK TRUCK
Slide 28: Fuel Efficiency Improvement in Full-Size V8 Trucks
Fuel Efficiency Improvement iN Full-Size V8 Trucks 4-6% improvement CHEVROLET SILVERADO 1500 WORK TRUCK
Slide 29: Fuel Efficiency Improvement in Full-Size V8 Trucks
Fuel Efficiency Improvement iN Full-Size V8 Trucks ie, 10-12% improvement CHEVRO ILVERADO 1500 WORK TRUCK
Slide 30: Chevrolet Blazer EV production target
Slide 31: U.S. EVs as Percent of Industry; GM Share of U.S. EV Market
U.S. EVs as Percent of Vehicle Industry GM Share of U.S. EV Market
Slide 32: Cadillac Escalade IQ
CADILLAC ESCALADE IQ
Slide 33: EV buyers and non-GM trade-ins
EVs area —_. a non-GM trade-ins , 43 of non-G il. | \ for ICE sales SS :
Slide 34: EVs are a Growth Market
— | | TT Ft a mse. bi Lai Sim a ee 2 el (i) staan 0 RL ; eS ‘ile | | | ie pyCULINARY=COURT | a 1 EVs are a Growth Mar SD 60% re of EV buyers live E on either coast
Slide 35: Cadillac Lyriq
SS SS ESS SSS a CADILLAC LYRIQ
Slide 36: On Track to Achieve $2B Lower Fixed Cost
On Track to Achieve $2B lower fixed-cost net of D&A
Slide 37: Retail Innovation
Retail Innovation
Slide 38: Total cost savings average $2,000 per vehicle
Slide 39: Marketing spend reduction per vehicle
20% reduction per vehicle in marketing spend YoY
Slide 40: 2024 Q3 Incentive Sales (% of ATP)
2024 Q3 Incentive Sales (% of ATP) GM INDUSTRY Equivalent of >S1B in incentive savings in 2024 compared to industry
Slide 41: Above-industry retail average and market share
S$50K SSK 0.5 ppts above industry retail market share average compared to 2023
Slide 42: GM logo
Slide 43: Chevrolet Silverado 1500
CHEVROLET SILVERADO 1500
Slide 44: Chevrolet Equinox EV, Chevrolet Trax
CHEVROLET EQUINOX EV CHEVROLET TRAX
Slide 45: GM Energy charging with EVs
Slide 46: Chevrolet
CHEVROLET CO
Slide 47: Buick Enclave
BUICK ENCLAVE
Slide 48: Cadillac Lyriq
ca = | Dy WE, f j ‘ wm CADILLAC LYRIQ
Slide 49: Hummer SUV EV
Slide 50: Set Up for Success
Slide 51: Slide 51