News

GM Re‑Embraces Gas Cars as EV Dream Hits a Major Pothole
With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road ...
GM Is Buying Back Stock Despite Tariff Headwinds
We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...
Chevy’s Biggest Surprise Might Wear A Classic Name And Look Nothing Like The Original
Chevrolet’s midsize Colorado truck is also slated for an update in 2029. As for the long-running Chevrolet Express van, which ...
GM outlines $4B U.S. capacity expansion and expects Super Cruise revenue to double in 2026 amid tariff mitigation efforts
Management stated guidance remains at EBIT adjusted in the $10 billion to $12.5 billion range, EPS diluted adjusted in the $8.25 to $10 per share range, and adjusted automotive free cash flow in the ...
MotorTrend1d
How Is GM Doing With Tariffs, EV Uncertainty? The Going's Tough, But It Has a Plan
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
GM inks deal to recycle EV batteries to power AI
The Detroit automaker signed an agreement with Redwood Materials to turn new and used EV batteries into storage systems to ...
Why GM Spring Hill is changing up how it produces EV batteries
This expansion is part of GM's joint venture with LG Energy Solution, called Ultium Cells. General Motors’ Spring Hill plant ...
CarBuzz on MSN6d
GM Is Cutting EV Production Plans To Build More Trucks And SUVs
General Motors has pivoted its Orion plant in Michigan away from an original plan to build more EVs in order to meet growing ...