General Motors Company (GM) Bernstein’s 39th Annual Strategic Decisions Conference 2023 (Transcript)

Normal Motors Firm (NYSE:GM) Bernstein’s thirty ninth Annual Strategic Choices Convention 2023 June 2, 2023 11:00 AM ET

Firm Contributors

Mary Barra – Chair and CEO

Convention Name Contributors

Q – Unidentified Participant

Whats up, everybody, and welcome. I assume that is the final time slot of the SDC for 2023. So thanks on your help of our convention. And I commend you on your endurance becoming a member of within the final session. We’re thrilled that Mary Barra CEO of Ford — of Normal Motors right here right this moment.

Okay. I’ve simply misplaced all credibility. Mary shouldn’t be coming again.

Mary Barra

It is Friday. It is Friday.

Q – Unidentified Participant

Clearly. And everybody was listening, which is an effective factor. So –

Mary Barra

Sure. That was simply actually a take a look at.

Query-and-Reply Session

Q – Unidentified Participant

So, Mary and I have been simply remarking that Jim hasn’t been on the SDC for not less than 15 years if ever. So we’re actually thrilled to have Mary right here to inform the GM story. So thanks for being right here.

So perhaps we might simply begin actually zoom out and take into consideration and speak concerning the international auto market. How do you concentrate on it over the subsequent 10 years? Is it structurally rising? Is there progress exterior of China? And in case you have been to say 10 years from now, are we going to be promoting kind of items than we’re right this moment?

Mary Barra

I feel, in case you say exterior of China, I imply, there’s nonetheless large progress alternative in China. I feel if you take a look at the US, North America, we’re nonetheless just a little depressed from the place we have been pre pandemic. However I do not suppose there’s large progress left from quite a few autos offered within the US. I feel, in all probability with related in Europe, perhaps just a little bit extra progress alternative in some

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