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The Latest Breaking News from General Motors

GM Faces Class Action Lawsuit Over Faulty Transmissions In Around 800,000 Vehicles

The decision allows drivers to sue over alleged issues with automatic transmissions installed in Cadillac, Chevrolet, and GMC vehicles.

International Business Times

GM Folds BrightDrop Electric Van Brand Into Chevy. It's A Good Move

GM hopes to sell more of its electric vans by folding Brightdrop in to the Chevy brand.

InsideEVs

Jaguar tells owners of older I-Pace electric SUVs to park them outdoors due to battery fire risk

Jaguar is telling owners of about 3,000 electric SUVs to park them outdoors and away from structures due to the risk of battery fires

The Independent UK

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GM’s $3.5B Indiana EV Battery Plant Is Official–But Delayed

The joint venture between General Motors and Samsung SDI will manufacture prismatic cells for Ultium-based EVs.

InsideEVs

GM delays Indiana electric vehicle battery factory but finalizes joint venture deal with Samsung

Production at an electric vehicle battery cell plant jointly run by General Motors and Samsung SDI has been delayed as EV sales have slowed in the U.S. The companies finalized their agreement Tuesday to jointly run the new factory in New Carlisle, Indiana, near South Bend, but said production would…

The Independent UK

1 Dividend Stock Yielding Over 5% to Buy Before the September Rate Cut

With the Fed expected to cut rates at the September meeting, Ford looks like a good stock to buy with its over 5% dividend yield.

Barchart

Americans Want Plug-In Hybrids. Will They Show Up?

Buyers now say they want more plug-in hybrid options from Toyota, Jeep, General Motors, Ford and others. But will they plug them in?

InsideEVs

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Why The Chevrolet Equinox Plug-In Hybrid Isn't Coming To America

The Chevy Equinox Plus PHEV is already on sale in China, but GM says its new plug-in hybrids won't debut in America until 2027. Why?

InsideEVs

Tesla May Finally Be Ramping Up Charging Adapter Production

Drivers of Ford, General Motors and other non-Tesla EVs, rejoice. Your NACS adapter may soon be arriving.

InsideEVs

This Was Not A Great Week For 'Legacy' Auto—With Two Exceptions

We game out what strategy shifts, software team cuts and lackluster products mean for Ford, General Motors, Volkswagen and more.

InsideEVs

US closes one of 2 probes into behavior of General Motors' Cruise autonomous vehicles after recall

U.S. auto safety regulators have closed one of two investigations into the performance of General Motors’ Cruise autonomous vehicles after the company agreed to do a recall

The Independent UK

Why Backing Trump is a Bigger Risk for Tesla Stock than for Elon Musk

Elon Musk is among the biggest backers of Donald Trump. While his backing of the former president looks like a calculated risk for Tesla investors, the payoffs could be higher for him in a personal capacity.

Barchart

Los Angeles is in a 4-year sprint to deliver a car-free 2028 Olympics

With the Olympic torch extinguished in Paris, all eyes are turning to Los Angeles for the 2028 Olympics.

The Conversation

Industrial Policy Is Alive and Well at the Democratic National Convention

Speakers at the 2024 convention bragged about the Democratic Party's willingness to give public money to private companies.

Reason

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TechRadar

GM cuts 1,000 software jobs in AI push

General Motors will lay off around 1,000 software workers in order for the automaker to shift its priorities towards AI.

InsideEVs

Hyundai Motor Group Smoked Ford And GM In EV Sales. It's Second Only To Tesla

Hyundai's huge EV push is paying off. The company has overtaken Ford and GM to become America's second-largest EV automaker. We're not that surprised.

Kiplinger

Stock Market Today: S&P 500 Extends Longest Win Streak Since November

The Nasdaq also extended its stretch of consecutive gains to eight as Advanced Micro Devices popped on M&A news.

International Business Times

General Motors Lays Off 1,000 In Software, Services Division

General Motors has decided to lay off more than 1,000 salaried employees who were working in the software and services division.

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Motor1

GM Just Laid Off Over 1,000 People

The layoffs represent 1.6 percent of the company's entire salaried workforce.

InsideEVs

Gas Tax Revenue Is Declining. Lawmakers Want EVs To Foot The Bill

Several states are staring a huge budgetary deficits as tax revenue from gas cars falls. Now lawmakers want EVs to foot the bill.

InsideEVs

Chevrolet Equinox EV Vs. Hyundai Ioniq 5 Compared: Range, Price, Charging

Hyundai and GM's entry-level electric SUVs, the Ioniq 5 and Chevrolet Equinox EV, offer generous tech features, a long driving range and excellent safety features.

Fortune

General Motors is cutting staff in China as it eyes a restructuring in the world’s largest auto market

The American automaker is competing against Chinese EV makers that are prioritizing production over profit as they try to gain more market share.

InsideEVs

Why Are EV Sales 'Lagging'? Here Are Two Reasons.

Blame the decline of Tesla and the lack of the Chevrolet Bolt in our market and the sales data in aggregate starts to look bad. But the truth is more nuanced.

Barchart

This CFO Invested $1.1M in His Company's Stock After Earnings

CFO Paul Jacobson just made his first purchase of company stock in more than a year.

InsideEVs

Honda Prologue Sales Surged Beyond Expectations In July

In July, Honda surprised us with a relatively high number of all-electric car sales in the U.S. as the newly launched Prologue model spread across the country.

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