GM CEO Expect Deferred Revenue From Software, Services To Be About $7.5 Bln By End Of Year, Up Nearly 40% From 2025- Conf. Call

Jan 27 (Reuters) - General Motors Co GM.N:

• GM CEO: EXPECT DEFERRED REVENUE FROM SOFTWARE, SERVICES TO BE ABOUT $7.5 BILLION BY THE END OF YEAR, UP NEARLY 40% FROM 2025- CONF. CALL

• GM CFO: IN 2026 AND 2027, EXPECTS TO INVEST $10 BILLION TO $12 BILLION ANNUALLY

• GM CFO: EXPECTS TO INVEST $5 BILLION TO EXPAND US MANUFACTURING CAPACITY FOR SOME HIGH DEMAND VEHICLES, REDUCE TARIFF EXPOSURE

• GM CFO: INCURRED INCREMENTAL COSTS FOR ALTERNATE CHIP SOURCING RELATED TO NEXPERIA TOTALING $100 MILLION IN Q4

• GM CFO: ANTICIPATE ANOTHER $100 MILLION OF PRESSURE IN Q1

• GM CFO: EXPECT NORTH AMERICA PRICING TO BE FLAT TO UP 0.5% AS WE REALIZE FY BENEFIT OF ALL YEAR 2026 PRICE HIKES

• GM CFO: EXPECT INCREASE OF ABOUT $400 MILLION OF HIGH MARGIN REVENUE GENERATED FROM EXPANSION OF ONSTAR SOFTWARE AND SERVICES

• GM EXPECTS MOVES TO BRING FACTORY WORK TO U.S. AND SUPPLY-CHAIN SHIFTS TO HURT BOTTOM LINE BY $1 BILLION- $1.5 BILLION IN 2026

• GM CEO: MEMORY CHIP SHORTAGE WILL NOT IMPACT PRODUCTION DESPITE ADDED COSTS

• GM CFO: RECENT WEATHER HAS IMPACTED PRODUCTION, AUTOMAKER HAS 'MAKEUP WORK'