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The Latest Breaking News from General Motors Co

Is GM Looking To Pose Direct Challenge To Tesla, Nio In China With A New 'Incubated Startup?'

General Motors Company (NYSE: GM) is rolling out a startup-like import unit that would focus on China’s high-end market, CnEVpost reported on Tuesday, citing a company execu

Benzinga

GM, POSCO Chemical Plan New JV Plant In Quebec To Expand EV Supply Chain

General Motors Co (NYSE:GM) and POSCO Chemical are working with the governments of Canada and Quebec to build a new facility in Bécancour, Quebec, estimated at $400 million (C$500 million). The new facility will produce cathode active material (CAM) for GM's Ultium batteries to power electric vehicles like Chevrolet Silverado EV, GMC HUMMER…

Benzinga

GM Said To Temporarily Halt Exports To Russia As It Weighs Impact Of Global Sanctions Against The Country

General Motors Co (NYSE: GM) is halting vehicle exports to Russia until further notice, Fox Business reported on Monday, citing a company statement.

Benzinga

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GM Puts Speculations Over Discontinuation Of Chevy Bolt EV To Rest: What You Need To Know

General Motors Co (NYSE: GM) said on Tuesday it will resume production of the Chevrolet Bolt EV and EUV, putting to rest speculation that the legacy automaker is planning to pull the plug on the small electric vehicle.

Benzinga

Toyota, Ford, GM say production cuts continue amid border disruption

Toyota Motor Corp, Ford Motor Co and General Motors Co, said Friday the disruption at the Canadian border from trucking protests forced new production cuts at plants in Michigan, Ohio, West Virginia, Alabama and Ontario.

Reuters

GM, Toyota, Ford cut production following Canadian trucking protests

Toyota Motor Corp , General Motors Co, Ford Motor and Chrysler-parent Stellantis said they had been forced to cancel or scale back some production at North American plants on Thursday because of parts shortages stemming from Canadian trucker protests against pandemic mandates.

Reuters

Why General Motors Shares Are Falling Today

General Motors Co (NYSE: GM) is trading lower Tuesday after Morgan Stanley analyst Adam Jonas downgraded the stock from an Overweight rating to an Equal-Weight rating and lowered the price target from $75 to $55.

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Morgan Stanley Downgrades This Auto Giant - Read Why

Morgan Stanley analyst Adam Jonas downgraded General Motors Co (NYSE:GM) from Overweight to Equal-Weight and reduced the price target to $55.00 from $75.00, implying an 8.48% upside. The analyst noted that the lower-than-expected 2022 guidance triggered the reduced price target. He expects GM to remain one holistic company for at least the next 12-18 months as…

Benzinga

Lightning eMotors, General Motors Collaborate To Electrify Medium Duty Trucks

Lightning eMotors Inc (NYSE:ZEV) has agreed with General Motors Co (NYSE:GM) to be the first GM Specialty Vehicle Manufacturer (SVM) to provide fully electric Class 3 through Class 6 commercial vehicles. Deal terms not disclosed. Lightning eMotors will electrify popular medium-duty truck platforms provided by GM, which can be used for several vehicle…

Benzinga

GM Reveals Strong Demand For Silverado EV: How Do The Numbers Stack Up Against Ford, Tesla And Rivian?

General Motors Co (NYSE: GM) announced its quarterly financial results Tuesday, which were accompanied by reservation numbers for some of its most highly anticipated electric vehicles.

Benzinga

GM Highlights 'Affordability' Push After Earnings Beat: Says Startups Aren't 'Targeting' Mass Adoption Of EVs In Apparent Dig At Tesla

General Motors Co (NYSE: GM) CEO Mary Barra highlighted the legacy automaker's push for "affordability" in the electric vehicles segement in a post-earnings call on Tuesday.

Benzinga

Josh Brown Says The General Motors Story 'Entirely Hinges' On This Single EV Rollout

General Motors Co (NYSE: GM) is set to report earnings after Tuesday's market close. As an owner of the stock, Ritholtz Wealth Management's Josh Brown is more focused on the longer-term story.

Benzinga

GM Could Be Looking To Pull The Plug On Chevy Bolt

General Motors Co (NYSE: GM) is expected to pull the plug on its small electric vehicle Chevy Bolt, CNN reported on Wednesday.

Benzinga

Elon Musk Takes A Dig At Legacy Automakers For Calling Themselves Leaders In EVs

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday yet again mocked legacy automakers General Motors Co (NYSE: GM) and Ford Motor Co (NYSE:

Benzinga

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Joe Biden Gives Himself A Pat On The Back As GM Announces $7B Michigan EV Investment

U.S. President Joe Biden on Tuesday lauded General Motors Co’s (NYSE: GM) latest $7 billion electric vehicle investment in Michigan while giving himself credit for putting in place the "economic strategy" that is at the centre of the change.

Benzinga

Ford, GM CEOs Among Those Invited By Biden To Discuss $1.75T 'Build Back Better' Legislation On Wednesday

General Motors Co (NYSE: GM) CEO Mary Barry and Ford Motor Co (NYSE: F) CEO Jim Farley are among key automotive and tech executives who will meet President Joe Biden

Benzinga

GM Invests $154M In Western New York Lockport Components Plant

General Motors Co (NYSE:GM) plans to invest nearly $154 million in its Western New York Lockport Components plant. The company intends to use the investment to renovate the facility and purchase and install new machinery and equipment used in producing the stator module, a key component in an electric motor. GM noted the…

Benzinga

GM Says It Has Started Making Cadillac Lyriq EV 9 Months Ahead Of Schedule, Set To Begin Deliveries Soon

General Motors Co (NYSE: GM) President Mark Reuss said on Thursday the automaker has begun making the pre-production Cadillac Lyriq EV crossover nine months ahead of schedule from its Spring Hill facility.

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IIHS Flags Past Concerns With Tesla And Other Automakers' Self-Driving Systems As It Launches Automation-Focused Safety Scores

The Insurance Institute for Highway Safety (IIHS) said on Thursday it is rolling out a new rating program this year that is aimed at measuring partial automation systems deployed by automakers such as Tesla Inc (NASDAQ: TSLA) and General Motors Co (NYSE:

Benzinga

GM Secures $1.3B Tax Break For Orion EV Assembly Plant Expansion

General Motors Co (NYSE: GM) has secured a tax break on its proposed $1.3 billion investment to expand the Orion assembly plant for building electric vehicles, the Detroit Free Press

Benzinga

Why Blink Charging Shares Are Rising Today

Blink Charging Co (NASDAQ: BLNK) is trading higher Tuesday after the company announced it's deploying EV chargers at General Motors Co (NYSE: GM) dealerships in the U.S. and Canada.

Benzinga

Blink Charging To Supply Electric Vehicle Chargers To GM Car Dealerships

Blink Charging Co (NASDAQ:BLNK) said it is deploying EV chargers at General Motors Co (NYSE:GM) dealerships in the U.S. and Canada. Blink said it supplies IQ 200 Level 2 chargers to participating GM dealerships. Working with ABM Industries Inc (NYSE:ABM), Blink has already started shipping chargers to selected GM dealerships. The Blink IQ 200 chargers are the…

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