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The Latest Breaking News from General Motors Co

GM: All American sites will be powered with renewables by 2025

General Motors Co. said Wednesday that based on current projections, it will be able to power all of its U.S. sites with renewable energy by 2025 — five years ahead of its previous target of 2030.

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GM beats expectations, nets $3.3 billion profit in third quarter

General Motors Co. on Tuesday said it made $3.3 billion in net income in the third quarter, up from 2021's third quarter profits of $2.4 billion despite a tight supply inventory still hindering sales and lessening demand amid economic uncertainty.

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GM brings in $3 billion in profits during third quarter

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GM reveals Edition 1 of GMC Sierra EV Denali

General Motors Co. is again revealing another pricey electric version of one of its popular trucks: the GMC Sierra.

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GM white-collar employees to return to office 3 days a week Jan. 30

General Motors Co. has informed its white-collar workforce they have to return three days a week to the office starting at the end of January.

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Harley is rethinking its headquarters as CEO rejects a return to office

Companies from Apple Inc. to General Motors Co. to Goldman Sachs Group Inc. are grappling with how to coax employees back to the office. Harley-Davidson Inc. is taking a different tack: let them stay home.

Tribune News Service

GM expands benefits eligibility to include US domestic partners

General Motors Co. is expanding benefits eligibility for U.S. salaried employees to include their domestic partners, regardless of gender, starting Jan. 1, 2023.

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GM to invest in Australian minerals company to secure nickel, cobalt supplies

General Motors Co. on Tuesday said it has secured a new source of nickel and cobalt for its Ultium battery cells through an investment of up to $69 million in an Australian minerals exploration company.

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GM creates new energy business

General Motors Co. announced Tuesday it's forming a new business called GM Energy for energy management products and services to expand growth opportunities beyond selling vehicles.

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Ford, GM report mixed Q3 results in China as auto market continues COVID recovery

Crosstown rivals General Motors Co. and Ford Motor Co. reported mixed results in China in the third quarter as the world's largest car market continued its recovery from COVID-related disruptions earlier this year.

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GM Defense selected to develop battery prototype for military use

GM Defense, a subsidiary of General Motors Co., has been selected by the Pentagon's Defense Innovation Unit to develop a battery pack prototype for testing and analysis on Department of Defense platforms, the company said Thursday.

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GM sees 24% 3Q sales increase, says it's prepping early for EV launches in 2023

General Motors Co. U.S. dealers sold 555,580 vehicles in the third quarter, up 24% from last year as inventory levels improved and demand remained strong despite rising interest rates.

Tribune News Service

GM partners with Silicon Valley company on battery tech

General Motors Co. and Palo Alto-based OneD Battery Sciences have entered a joint research development agreement for the potential use of OneD's silicon nanotechnology in GM's battery cells to increase energy density for longer range at a lower cost.

Tribune News Service

Is iPhone Demand Really Slowing Down?, Lyft Freezes Hiring, Biogen's New Drug Slows Alzheimer's Progression: Top Financial Media Stories Wednesday, Sept. 28

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GM delays timeline on employees returning to the office amid backlash

General Motors Co. executives are delaying the timeline for bringing white-collar workers back to the office after backlash from a decision released last week requiring employees to return to in-person work three days a week, according to a Tuesday memo.

Tribune News Service

GM tells white-collar employees to return to office 3 days a week

General Motors Co. white-collar employees will be expected to return to the office three days a week later this year, the company said Friday.

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General Motors invests $760 million for EV-related work at Toledo transmission plant

General Motors Co. is investing $760 million at its Toledo Propulsion Systems plant for the production of drive units that will be used for future battery electric trucks, including the Chevrolet Silverado EV, GMC Sierra EV and GMC Hummer EVs, the company said Friday.

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GM invests in battery recycling company

GM Ventures, General Motors Co.'s investment arm, has made a strategic investment in Canada-based Lithion Recycling Inc.'s Series A financing round to support a new strategic partnership between the companies.

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GM halts reservations for Hummer EV pickup, SUV

General Motors Co. is ending reservations on all trims of the GMC Hummer EV pickup and SUV Wednesday night after receiving 90,000, the company said.

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General Motors investing in Toledo plant for EV production support

General Motors Co. Toledo Transmission plant on Friday is expected to receive an investment to support electric-vehicle production — marking the first time a GM propulsion plant will receive allocation for EVs.

Tribune News Service

Hertz to order up to 175K EVs from GM to meet EV fleet goals

The Hertz Corp. is planning to order up to 175,000 electric vehicles from General Motors Co. over the next five years for its rental fleet, the companies said Tuesday.

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GM's BrightDrop electric cart will appear in Kroger stores for grocery pickup

BrightDrop, the General Motors Co. business focused on delivery and logistics, is introducing the eCart, a new product that will help streamline online grocery order fulfillment, the company says.

Tribune News Service

GM to invest $491 million at stamping facility to support EV production

General Motors Co. is investing $491 million at its Marion, Indiana, metal stamping plant for production of steel and aluminum stamped parts for future products, including electric vehicles.

Tribune News Service

Henry Payne: Five things about the 2024 Chevy Equinox EV

With the 2024 Chevrolet Equinox EV, General Motors Co. takes a significant fork in the road to the company's electric future as governments from California to Washington state target gas engines for elimination over the next decade.

Tribune News Service

GM’s Cruise recalls self-driving software after June Crash

General Motors Co.’s Cruise self-driving car unit has recalled an older version of software used by its robotaxis at the time of a crash in San Francisco in June, according to federal transportation regulators.

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