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CLAIM #28091 · General Motors Company (GM) · 2024Q4 earnings call · Jan 28, 2025 · due Dec 31, 2025

And if we don't see that, I would expect that we'll outperform that assumption as we have in years past.

Paul Jacobson · CFO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

g. So, this presumably means ICE pricing comes down below the 1% to 1.5% guidance. If so, what level of pricing do you see the ICE portfolio in your '25 guidance? Paul Jacobson: I mean -- thanks, Tom. I keep going back to this. When we talk about the pricing assumption, it's really a combination of ATP and the incentive environment. And what we found that has worked well for us in our internal planning and the setup is to assume that we see a little bit of pricing pressure going forward because it's easier for us to react. So, what I would say is, yeah, we would expect a consistent ATP environment from what we've seen going forward, but we've modeled in the risk or the assumption that there's some incentive increases going forward, whether that's market-driven or demand-driven, et cetera. And if we don't see that, I would expect that we'll outperform that assumption as we have in years past. Tom Narayan: Got it. Thanks. And my follow-up on Super Cruise, I appreciate the comments on the adoption rate, et cetera. But wondering to what extent do you think the regulatory kind of system is a support mechanism for Level 2 plus, Level 3. Is this something that could ultimately be the real catalyst that pushes Super Cruise or Level 2, Level 3 down the road? Or do you see this as just being consumer demand driven? Thanks. Mary Barra: We see it being consumer demand driven. I mean, our customers, the bulk of people who have Super Cruise on their vehicles use it on a regular basis. I think it's over 60%. And especially as we get newer and newer -- or I said new features, it is definitely something where -- when people arrive at their destination after using Super Cruise, they're more re

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SEC filings for GM · Claim quote is verbatim from the 2024Q4 earnings call.