Truck and SUV profits underpin GM's profits GM previously reported a slight fall in vehicle deliveries, roughly in line with an industry dip in the three months ending September 30. But average ...
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We’re coming up on two years since GM announced its decision to ditch CarPlay on all of its EVs. By all measures, the transition got off to an incredibly rocky start with its 2024 model year cars.
GM spokesman Kevin Kelly told Detroit Free Press that the company is not aware of any Bolts having caught fire due to the issue, and that this is a voluntary recall to correctly install advanced ...
According to The New York Times, GM will collect around $800 million in subsidies from the government for manufacturing EV batteries in the US thanks to the Biden administration’s Inflation ...
GM is retiring another gas-powered car at its Kansas plant to clear room for the next-gen Chevy Bolt EV. The facility will soon house a new “family of Bolt models” as GM brings back the ...
The carmaker reported Tuesday morning that it had a great quarter. GM said it expects to generate $14 billion to $15 billion in pretax profit this year — up from its estimate earlier in the year.
That means GM is selling cars at higher average prices this year than it was in 2023. Its average transaction price in North America reached nearly $50,000. GM last year estimated that the strike ...
Lithium Americas Corp., a Canadian mining company, announced in a press release on Wednesday that GM was investing a total of $625 million to fund the mining of lithium carbonate, a critical ...
General Motors (GM) gave investors something to cheer early Tuesday morning after the automaker raised its guidance for a third time this year, in addition to easily beating third quarter revenue ...
GM shares hit their highest since February 2022 GM's Q3 adj. EPS of $2.96 exceeds estimates of $2.43 China operations to be restructured; lost $137 mln in Q3 To offset softer pricing next year ...