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General Motors Net Income Rises by 52%, Has New Focus to Cut Operating Costs Further
Jul 25, 2023 Ξ

General Motors Net Income Rises by 52%, Has New Focus to Cut Operating Costs Further

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On Tuesday, General Motors (GM) announced a positive change in its full-year profit forecast, largely due to its strategic plans to reduce investments in new products and implement cost-cutting measures.  Full Article »

Automotive

General Motors’ EV Rollout Efforts Shift into Higher Gear with Additional Segments and Lower Prices
Jul 24, 2023 Ξ

General Motors’ EV Rollout Efforts Shift into Higher Gear with Additional Segments and Lower Prices

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General Motors (GM) is accelerating its push towards electric vehicles (EVs) with a strategic plan that includes expanding into various segments of the market and offering more affordable options. The  Full Article »

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U.S. Regulators to Decide on General Motors Use of Self-Driving Cars
Jul 12, 2023 Ξ

U.S. Regulators to Decide on General Motors Use of Self-Driving Cars

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U.S. regulators are soon to decide on General Motors’ self-driving cars. GM’s Cruise unit has filed a petition seeking approval to deploy up to 2,500 self-driving vehicles annually without human  Full Article »

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General Motors Increases Sales Lead over Toyota
Jul 10, 2023 Ξ

General Motors Increases Sales Lead over Toyota

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General Motors continues to extend its lead over Toyota in the US automotive market, driven by improved supply conditions and a strengthening market. General Motors (GM) has reaffirmed its position  Full Article »

Automotive

GM’s EV Truck Customers Must Wait Till 2025 for Tesla NACS Charge Ports
Jun 26, 2023 Ξ

GM’s EV Truck Customers Must Wait Till 2025 for Tesla NACS Charge Ports

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General Motors (GM) has announced that it will not be implementing Tesla-compatible charging ports on its upcoming Chevrolet Silverado EV pickups until the 2025 model year. This decision was disclosed  Full Article »

Automotive

Ford & GM See New Vehicle Demand Outpacing Expectations
Jun 15, 2023 Ξ

Ford & GM See New Vehicle Demand Outpacing Expectations

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Ford and GM are experiencing a surge in demand for new vehicles from retail and commercial customers in the United States, surpassing initial expectations. This positive trend was highlighted by  Full Article »

Automotive

GM, SDI to Build 4th EV Battery Manufacturing Plant in Indiana Investing over $3 Billion
Jun 13, 2023 Ξ

GM, SDI to Build 4th EV Battery Manufacturing Plant in Indiana Investing over $3 Billion

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General Motors (GM) and Samsung SDI have announced their plans to build a new electric vehicle (EV) battery cell plant in Indiana, investing over $3 billion in the project. The  Full Article »

Automotive

General Motors Plans to Invest $632 Million in Fort Wayne, IN Plant to Build Future Gas-Powered Full-Size Light Duty Trucks
Jun 12, 2023 Ξ

General Motors Plans to Invest $632 Million in Fort Wayne, IN Plant to Build Future Gas-Powered Full-Size Light Duty Trucks

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Following the General Motors (GM) announcement to invest over $1 Billion in its Flint Assembly Plant to build future gas-powered heavy-duty trucks, GM plans to invest $632 million in its  Full Article »

Automotive

General Motors Partners with Tesla to Access Supercharger Network and Adopt NACS Connector
Jun 8, 2023 Ξ

General Motors Partners with Tesla to Access Supercharger Network and Adopt NACS Connector

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GM recently made a significant announcement, following in the footsteps of Ford. The company revealed that owners of its electric vehicles (EVs) will soon have access to the widely recognized  Full Article »

Automotive

GM to Invest $500M in Texas Plant Building Full-Size Gas-Powered SUVs
Jun 8, 2023 Ξ

GM to Invest $500M in Texas Plant Building Full-Size Gas-Powered SUVs

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General Motors (GM) has recently revealed its plan to invest $500 million in its Arlington Assembly plant located in Texas. The purpose of this investment is to upgrade the facility  Full Article »

Automotive

GM CEO: Tesla has EV Lead, Doesn’t See Profitable $30k-$40k Electric Cars Until End of Decade
Jun 5, 2023 Ξ

GM CEO: Tesla has EV Lead, Doesn’t See Profitable $30k-$40k Electric Cars Until End of Decade

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According to General Motors (GM) CEO Mary Barra, she believes that profitable electric cars in the $30,000 to $40,000 range won’t be feasible until the end of the decade or  Full Article »

Automotive

GM to Invest Over $1 Billion at Flint Assembly Plant for Next-Gen Gas/Diesel-Powered HD Pickup Trucks
Jun 5, 2023 Ξ

GM to Invest Over $1 Billion at Flint Assembly Plant for Next-Gen Gas/Diesel-Powered HD Pickup Trucks

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General Motors (GM) has announced a significant investment of over $1 billion in its Flint Assembly Plant, located in Flint, Michigan. The funds will be allocated towards the production of  Full Article »

Automotive

Canadian Government Invests in GM-POSCO Quebec EV Battery Materials Plant to Expand Supply Chain
May 30, 2023 Ξ

Canadian Government Invests in GM-POSCO Quebec EV Battery Materials Plant to Expand Supply Chain

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General Motors (GM) is set to receive $220 million in government support from both the Canadian federal government and the Quebec province for the establishment of an electric vehicle (EV)  Full Article »

Automotive

General Motors’ 2025 EV Production Could Be Stifled by Battery Bottleneck
May 18, 2023 Ξ

General Motors’ 2025 EV Production Could Be Stifled by Battery Bottleneck

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According to a forecast and analysis conducted for Reuters, General Motors (GM) may face a battery bottleneck that could hinder its projected EV production for 2025. While GM has announced  Full Article »

Automotive

GM Hires Apple Executive to Lead Software Unit Amidst Plans to Discontinue Apple CarPlay Use
May 9, 2023 Ξ

GM Hires Apple Executive to Lead Software Unit Amidst Plans to Discontinue Apple CarPlay Use

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Today, General Motors Co (GM.N) announced the appointment of former Apple Inc (AAPL.O) executive Mike Abbott to head a division that will integrate three software functions within the company. Starting  Full Article »

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