What is General Motors's cruise — pre-tax restructuring costs?

General Motors (GM) reported cruise — pre-tax restructuring costs of $522.00M in Q4 2024.

How has General Motors's cruise — pre-tax restructuring costs changed year-over-year?

General Motors's cruise — pre-tax restructuring costs increased by 294.7% year-over-year, from $132.25M to $522.00M.

What does cruise — pre-tax restructuring costs mean?

One-time costs associated with reorganizing or downsizing the autonomous vehicle business unit.

Discontinued — last reported Q4 '24

Business Segments · Pre-tax restructuring costs

Cruise — Pre-tax restructuring costs

General Motors Cruise — Pre-tax restructuring costs increased by 294.7% to $522.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 294.7%, from $132.25M to $522.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityVolatile

First reportedQ1 2023

Last reportedQ4 2024

Rolls up toImpairment and restructuring

How to read this metric

Higher costs indicate significant operational changes or downsizing, which may lead to improved future margins but signal current operational distress.

Detailed definition

Expenses incurred to reorganize, downsize, or pivot the operational strategy of the autonomous vehicle business unit. Th...

Peer comparison

Comparable to restructuring charges reported by any technology or automotive firm undergoing a strategic pivot or cost-reduction program.

Metric ID: gm_segment_cruise_pre_tax_restructuring_costs

Historical Data

5 periods

	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q4 '24
Value	$132.25M	$132.25M	$132.25M	$132.25M	$522.00M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+294.7%
YoY Change	—	—	—	—	+294.7%

Range$132.25M – $522.00M

CAGR+294.7%

Avg YoY Growth+294.7%

Median YoY Growth+294.7%

Current Streak4+ quarters growth

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Frequently Asked Questions

What is General Motors's cruise — pre-tax restructuring costs?: General Motors (GM) reported cruise — pre-tax restructuring costs of $522.00M in Q4 2024.
How has General Motors's cruise — pre-tax restructuring costs changed year-over-year?: General Motors's cruise — pre-tax restructuring costs increased by 294.7% year-over-year, from $132.25M to $522.00M.
What does cruise — pre-tax restructuring costs mean?: One-time costs associated with reorganizing or downsizing the autonomous vehicle business unit.