Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the company by mid year. Expects to approach about $2B in annual revenue from Super Cruise within five years. Says making “significant progress” on EVs. Says planning to mitigate impacts from potential tariffs. Expects to continue to return excess cash to shareholders. Says “executing well” on product launches. Says plans to “aggressively target” warranty expense. Expects “some headwinds” in volume/mix in 2025. Planning for “similar” U.S. industry in 2025 vs. 2024. Comments taken from Q4 earnings conference call.
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