General Motors Company (NYSE:GM) Q4 2023 Earnings Conference Call January 30, 2024 8:30 AM ET

Company Participants

Ashish Kohli - Vice President of Investor Relations

Mary Barra - Chair and Chief Executive Officer

Paul Jacobson - Executive Vice President and Chief Financial Officer

Dan Berce - President and Chief Executive Officer of GM Financial

Conference Call Participants

Itay Michaeli - Citigroup

Rod Lache - Wolfe Research

Dan Ives - Wedbush

Joseph Spak - UBS

Adam Jonas - Morgan Stanley

John Murphy - Bank of America

Ryan Brinkman - JP Morgan

Dan Levy - Barclays Capital

Emmanuel Rosner - Deutsche Bank

Chris McNally - Evercore

Gautam Narayan - RBC

Operator

Good morning, and welcome to the General Motors Company Fourth Quarter and Calendar Year 2023 Earnings Conference Call. During the open remarks, all participants will be in a listen-only mode. After the open remarks, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference call is being recorded Tuesday, January 30, 2024.

I would now like to turn the conference over to Ashish Kohli, GM's Vice President of Investor Relations.

Ashish Kohli

Thank you, Amanda, and good morning, everyone. We appreciate you joining us as we review GM's financial results for the fourth quarter and calendar year 2023. Our conference call materials were issued this morning and are available on GM's Investor Relations website. We are also broadcasting this call via webcast.

Joining us today are Mary Barra, GM's Chair and CEO; and Paul Jacobson, GM's Executive Vice President and CFO. Dan Berce, President and CEO of GM Financial, will also be joining us for the Q&A portion of the call.

On today's call, management will make forward-looking statements about our expectations. These statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include the factors identified in our filings with the SEC. Please review the Safe Harbor Statements on the first page of our presentation as the content of our call will be governed by this language.

And with that, I'm delighted to turn the call over to Mary.

Mary Barra

Thanks, Ashish, and good morning, everyone. As we begin 2024, I believe GM is well positioned for a year of strong financial performance that builds on everything we accomplished and importantly learned in 2023.

Consensus is growing that the US economy, the job market, and auto sales will continue to be resilient. At GM we expect healthy industry sales of about 16 million units. We have an unmatched ICE portfolio in North America, rising EV production on the LTM platform and GM Financial continues to perform well.