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The Latest Breaking News from General Motors

UAW to show list of economic demands to automakers this week, will seek worker pay if plants close

The new president of the United Auto Workers says the union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week

The Independent UK

GM recalls nearly 900 vehicles with Takata air bag inflators, blames manufacturing problem

General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash

The Independent UK

Chevrolet Kills Base $45,000 Blazer EV 1LT Trim

GM has confirmed to InsideEVs that the 1LT entry-level model will not be part of the 2024 Blazer EV lineup but did not provide an explanation for the move.

InsideEVs

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GM Says Tougher NHTSA Fuel Regs Could Be Costly To Automakers, Feds Disagree

GM will closely review NHTSA's new proposal, which calls for strict fuel economy improvements on light and commercial trucks.

Motor1

GM reverses its plans to halt Chevy Bolt EV production

WEKU

Congress urged to revive long-stalled debate about regulating self-driving vehicles

Advocates for the self-driving vehicle industry are asking Congress to expand their ability to test and eventually sell autonomous cars and trucks

The Independent UK

How GM and BMW Could Dethrone Tesla’s EV Charging Network

A coalition of seven automakers including BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis are going double the number of EV chargers in North America.

Inverse

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Seven Carmakers To Launch New EV Charging Network In North America

Starting next summer, the coalition aims to install at least 30,000 high-powered charge points in urban and highway locations, all compatible with CCS and NACS.

InsideEVs

GM’s Strong Q2 Results Overshadowed By Cost-Cutting Measures, Raising Concerns For EV Strategy

General Motors reports better-than-expected earnings, but cost-cutting measures cast doubt on EV plans.

Zenger

Next-Gen Chevrolet Bolt Confirmed: Will Utilize Ultium Tech

Chevrolet has just confirmed that a next-generation Bolt is in the works and that it will use the advanced Ultium tech.

InsideEVs

Dow Jones, Nasdaq Rise As Earnings Roll; Fed Meeting, Microsoft, Google In Focus

Futures rose as GE and GM led big earnings before the open. Microsoft and Google are on tap as the Fed meeting gets underway.

Investors Business Daily

GM Lifts Guidance After 68% Earnings Leap. Cheaper EVs, Cybertruck Rival Coming 'Soon.'

GM earnings topped Q2 views and the automaker raised guidance. GM expects to double EV output in the second half. GM stock fell.

Investors Business Daily

Cruise Ad Saying Humans Are Terrible Drivers Draws Criticism From Former NHTSA Head

The General Motors-backed autonomous taxi service mentioned that over 40,000 Americans were killed in car crashes last year.

InsideEVs

General Motors Bolsters Battery Technology With Acquisition Of ALGOLiON‌

GM's buying of Israeli battery software startup enhances early hazard detection for electric vehicles.

Zenger

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InsideEVs

GM Shuts Down CAMI EV Plant Amid Ultium Battery Shortage

The unexpected decision is reportedly due to a "raw material bottleneck" that is preventing GM from building as many Ultium batteries as it needs.

The Guardian - US

In America’s ‘Voltage Valley’, hopes of car-making revival turn sour

EV manufacturer Lordstown Motors, lauded by Trump in 2020, has gone bankrupt – what now for the once-proud auto-making region?

Barchart

The 5 Cheapest Cities to Live in America Right Now

Americans continue to move between states at a rapid pace, seeking out cheaper places to live. Which are the cheapest cities to live in today?

StockNews.com

Which Auto Stock is the Better Buy: Faraday Future Intelligent Electric (FFIE) or General Motors (GM)?

Following a lackluster performance in 2022, the automobile industry is poised to witness a resurgence in demand this year. While leading auto stocks General Motors (GM) and Faraday Futures (FFIE) should benefit, let’s discuss which is a better buy.

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Barchart

Adoption of Tesla EV Plugs is a Major Bullish Factor for Stock

Shares of Tesla (TSLA ) have been on fire this year, more than doubling in price and posting a 9-month high last week. The latest supportive factor for Tesla is opening its fast chargers to competitors, which will boost its revenue going forward. Ford Motor (F ), General Motors (GM...

InsideEVs

GM Cuts Cadillac Lyriq EV Base Price In China By 14 Percent

In addition to the price cut, GM China also is offering a discount of around $2,500 for Lyriq buyers who put down a deposit before the end of August.

Zenger

Is Toyota Ready To Take On Tesla For Electric Vehicle Lead? ‘I Don’t Know If Love Can Beat Tesla’

Some have begun to work with Tesla and become more aligned on global electric vehicle growth ambitions.

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.

Investors Business Daily

Stock Market Rally Pulls Back As Yields Jump; Tesla, Meta In Focus: Weekly Review

The stock market rally retreated modestly as Treasury yields rebounded. Tesla deliveries and Meta's Threads launch were catalysts.

InsideEVs

US: General Motors BEV Sales Disappointed In Q2 2023

In Q2, GM's all-electric vehicle sales in the US are disappointing - lower than in the record Q1 and especially limited when it comes to Ultium-based BEVs.

Daily Mirror

New F1 teams could be announced within WEEKS as FIA chief hints at Andretti approval

Michael Andretti is one of several parties keen on joining the F1 grid and has teamed up with General Motors' Cadillac brand in a bid to the FIA to enter the sport

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