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General MotorsCNBC
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75% Informative
Executives used the Detroit automaker's event to focus on broad, near-term updates to the company's operations.
Several Wall Street analysts were unchanged in their opinion and ratings of the automaker after the event.
CEO Mary Barra said the company will focus on scale, capital efficiency and cost discipline.
GM will drop the " Ultium " name for its electric vehicle batteries and supporting technologies.
The batteries and the technologies will remain, but the name will be gone, except in production operations.
GM also expects to continue growing its sales and profits of traditional vehicles with internal combustion engines.
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85
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