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The Latest Breaking News from General Motors Co

Former Ford CEO Mark Fields Says EV Market Didn't Develop The Way Automakers Thought Amid GM's $1.6 Billion Charge

Former Ford Motor Co. (NYSE:F) CEO Mark Fields says that the automakers in the U.S. didn't anticipate the slowdown of EV adoption in the country as General Motors Co. (NYSE:GM) announced it would take a $1.6 billion charge.

Benzinga

After GM, Ford Pulls Back EV Incentive Extension Beyond Trump's September 30 Deadline Amid GOP Concerns: Report

Ford Motor Co. (NYSE:F) has reportedly rolled back the EV incentives it planned to offer beyond President Donald Trump's September 30 deadline, following rival General Motors Co. (NYSE:GM), which reportedly scaled back on the incentives after concerns expressed by Sen. Bernie Moreno (R-OH), a former car dealer currently active in…

Benzinga

General Motors, Ford Hit Record EV Deliveries In Q3: Tax Credit Expiration Or Lasting Growth?

Ford Motor Co (NYSE:F) and General Motors Co (NYSE:GM) both reported record electric vehicle sales in the third quarter. While this could be good news for the growing adoption of EVs in the U.S., the big question is how much of the growth was tied to the expiration of the…

Benzinga

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Ford, GM Working On Extending $7500 EV Credit Extension Beyond Trump's September 30 Deadline: Report

Michigan-based automakers Ford Motor Co. (NYSE:F) and General Motors Co. (NYSE:GM) are reportedly working on dedicated programs that could extend the IRA EV credit beyond President Donald Trump's September 30 deadline.

Benzinga

Gavin Newsom Accused Mary Barra Of Selling Out California On EVs, Now Honda Is Pulling The Plug On This Electric Car — Vindication for GM CEO?

Amid criticism from California State Governor Gavin Newsom aimed at General Motors Co. (NYSE:GM) and CEO Mary Barra for opposing EV policies, Honda Motor Co. Ltd. (NYSE:HMC) has pulled the plug on the Acura ZDX EV developed with GM.

Benzinga

Golden Cross Alert: Lithium Americas Rockets 90%+ As Trump Eyes 10% Stake

Lithium Americas Corp (NYSE:LAC) shares had surged over 90% by noon on Wednesday, fueled by a flurry of government actions, General Motors Co (NYSE:GM) commitments, and retail investor fervor. The rally has triggered a Golden Cross, a bullish indicator signaling positive momentum ahead.

Benzinga

Tesla, GM Supplier CATL Dominates Global EV Battery Supply Charts With 37.5% Market Share, BYD Emerges 2nd

Tesla Inc. (NASDAQ:TSLA) and General Motors Co. (NYSE:GM) EV battery supplier Contemporary Amperex Technologies Ltd. (CATL) has topped the global EV battery market, leading the sector with a healthy lead over closest rival BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF).

Benzinga

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General Motors Remains A Value Play As This 'Big Three' Automaker's Analysis Shows It Is Still Undervalued

Detroit-based automaker General Motors Co. (NYSE:GM) may have slipped out of the top 10 value percentile this week, but its current score continues to highlight fundamental undervaluation.

Benzinga

General Motors Q2 Preview: EV Strength Could Seal 13th Straight Revenue Beat

Auto company General Motors Co (NYSE:GM) could see shares hit new highs for the 2025 year with a strong earnings report Tuesday before market open.

Benzinga

Mary Barra Net Worth 2024: The General Motors CEO's Financial Success

Mary Barra may be one of the toughest women in a man's world. Being the CEO of GM makes her a worthy subject when it comes to determining someone's net worth.

International Business Times

Ford cuts price on electric version of F-150 truck by up to 17%

Ford Motor Co. is slashing prices on the electric version of its best-selling F-150 pickup by as much as 17%, as it moves to fend off new competition coming from Tesla Inc. and General Motors Co.

Tribune News Service

UAW's fight against GM's battery joint venture intensifies with new union report

DETROIT — The United Auto Workers is intensifying its fight against General Motors Co. and partner LG Energy Solution for the "high risk and low pay" it is offering the workforce at its Ultium Cells LLC joint-venture battery cell plant in Warren, Ohio.

Tribune News Service

GM posts 19% year-over-year sales increase in second quarter

DETROIT — General Motors Co.'s sales in the second quarter increased 19% year over year, the Detroit automaker said Wednesday.

Tribune News Service

General Motors acquires Israeli battery software startup

General Motors Co. has acquired Israel-based battery software startup ALGOLiON Ltd. for an undisclosed amount, the Detroit automaker said in a news release Friday.

Tribune News Service

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Zenger

GM CEO Views Tesla’s Musk As Both Competitor And Partner

GM and Tesla have teamed up for EV charging, but the two companies are still competing for market share in the space.

Tribune News Service

GM announces another EV supply chain deal

General Motors Co. and Australia-based Element 25 Limited have signed an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate annually to the Detroit automaker, the companies said Monday.

Tribune News Service

GM increasing price for base Silverado EV Work Truck

General Motors Co. is kicking off production of the Chevrolet Silverado EV with some upgraded specs for the coming truck, and a higher price for the base model.

Tribune News Service

GM expands Duramax diesel engine operations to support HD truck production

General Motors Co. is investing $920 million at its Ohio Duramax operations for production of diesel engines for future heavy-duty trucks, the company announced last week.

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StockNews.com

General Motors Co. (GM) vs. Nikola Corp. (NKLA): Which Is the Better Buy?

Automobile demand is expected to bounce back this year after a disappointing 2022. The rapid switch from ICE vehicles to electric vehicles will likely drive the growth of General Motors (GM) and Nikola (NKLA). Let’s compare these two stocks' fundamentals to identify which is a better buy now.

Tribune News Service

GM receives tax incentives to support potential $3.5 billion Indiana battery plant

An Indiana county council on Tuesday evening approved tax incentives for a $3.5 billion battery plant investment by General Motors Co. and battery partner Samsung SDI.

Tribune News Service

GM nixed Apple CarPlay, Android Auto. Here's why

General Motors Co.’s controversial decision to ditch two popular phone projection systems from its future electric vehicles could be risky, but the company insists the move will pay off by giving consumers a more vehicle-embedded infotainment experience.

Tribune News Service

GM CEO Mary Barra on the industry's transformation, progress on DEI, and return to office

DETROIT — General Motors Co. CEO Mary Barra touched on everything from how the Detroit automaker is approaching one of the most monumental shifts in automotive industry history to the company's progress on diversity, equity and inclusion efforts to GM's return-to-office strategy in a wide-ranging discussion Thursday.

Tribune News Service

US Supreme Court won't hear GM's 2019 racketeering lawsuit against Fiat Chrysler

The U.S. Supreme Court has denied a request from General Motors Co. to hear its racketeering lawsuits against crosstown competitor Fiat Chrysler Automobiles, now known as Stellantis NV.

Tribune News Service

Chevrolet debuts first Silverado HD ZR2 performance truck

For the first time ever, General Motors Co. is bringing its ZR2 off-roading badge to the heavy-duty Chevrolet Silverado.

Tribune News Service

GM leads $50 million funding round in EnergyX lithium startup

Energy Exploration Technologies Inc. and General Motors Co. on Tuesday said the automaker's investment arm GM Ventures is leading a $50 million Series B financing round for the lithium startup.

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