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The Latest Breaking News from General Motors

Andretti on F1 Teams’ Backlash of American Bid: ‘It’s All About Greed’

Andretti Global and General Motors announced their F1 entry bid plans under Cadillac, which was met with ‘adverse reaction,’ per the FIA president.

Sports Illustrated

F1: Michael Andretti slams “greedy” owners’ over response to new American team proposal

Michael Andretti labelled Formula One team owners “greedy” and claimed them putting their self interest ahead of the sport was the reason for the tepid reaction to his bid to bring an all-American team to the series.

Evening Standard

Why F1 and teams are still not impressed by Andretti’s entry plans

When Michael Andretti announced his tie-up with General Motors to launch a new Formula 1 team, he was adamant that it would convince the sport to welcome him.

Autosport

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Is There a Future for the City of Tomorrow?

The consequences of our obsession with urban dystopias and utopias

Reason

Honda, General Motors, and 1 Other Auto Stock to Buy Over Tesla

The automobile industry is positioned for long-term growth, bolstered by the increasing integration of digital technologies. Therefore, investors could consider buying quality auto stocks, Volkswagen AG (VWAGY), General Motors (GM), and Honda Motor Company (HMC). We think these stocks could be bought over Tesla (TSLA), which trades at a lofty…

StockNews.com

Feds list electric vehicles eligible under new $7,500 tax credit program. Do you, and your dream EV, qualify?

The latest federal program to encourage electric vehicle purchases kicked off with the new year, offering the single largest financial boost available to buyers — a $7,500 tax credit — in hopes of cutting the use of fossil fuels.

Tribune News Service

US: General Motors Plug-In Car Sales Hit A New Record In Q4 2022

In the last quarter, GM improved its battery electric vehicles (BEV) sales in the US with another record result. In total, the company delivered 16,266 BEVs.

InsideEVs

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Best-Selling Cars, Trucks, And SUVs In The US For 2022

Sales were largely down for automakers in 2022 due to supply chain shortages.

Motor1

General Motors Tops Toyota As Best-Selling Automaker In US For 2022

Toyota Motor North America sales were down last year, and GM saw its volume increase.

Motor1

Will Cadillac tie-up ease F1's resistance to Andretti's plans?

The announcement of Andretti and Cadillac’s plan to team up and enter Formula 1 serves as latest sign of the series’ boom in the United States.

Autosport

Andretti, General Motors Announce F1 Entry Bid Plans Under Cadillac Brand

The FIA president said earlier this week he asked the governing body to ‘look at launching an Expressions of Interest process for prospective new teams.’

Sports Illustrated

Andretti and Cadillac announce Formula 1 entry plans

Andretti Global and Cadillac have announced plans to enter a new Formula 1 team in the coming years after the FIA started the process to expand the grid.

Autosport

GM May Produce EVs In Mexico To Compete With Tesla, Ford

Ford produces the Mustang Mach-E in Mexico and Tesla may be planning a factory there. GM is arguably wise to follow suit as the EV competition heats up.

InsideEVs

The Chevy Bolt, America’s Cheapest EV, Gets A Price Hike

General Motors increased the starting price for the 2023 Chevrolet Bolt EV and Bolt EUV, upping the MSRP by $900 and $600 respectively.

InsideEVs

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Motor1

New Chevrolet Malibu Generation Coming In 2025: Report

Originally thought to end production next year, it could live on with a modified version of its current platform.

Al Jazeera

On the road in San Francisco, riding in a driverless taxi

Autonomous vehicles from companies like Waymo and Cruise make inroads on California streets, despite safety concerns.

The Independent UK

Rule delay makes big EV tax credit possible early next year

People who want to buy an electric vehicle could get a bigger-than-expected tax credit come Jan. 1 because of a delay by the Treasury Department in drawing up rules for the tax breaks

Fortune

How the C-suite has transformed over the last century—and where it's heading next

Today's corporate hierarchy has transformed over the last century and is still evolving at a rapid clip.

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Motorsport

German team looking to enter NASCAR Cup Series in 2023

The NASCAR Cup Series could grow its international flavor in 2023 with a new entry from a Germany-based team.

The Independent UK

US opens probe of Cruise robotaxi braking, clogging traffic

US safety regulators are investigating reports that autonomous robotaxis run by General Motors’ Cruise LLC can stop too quickly or unexpectedly come to a halt, potentially stranding passengers

InsideEVs

US Department Of Energy Finalizes $2.5 Billion Loan To Ultium Cells

Ultium Cells will use the loan to finance construction of new battery cell plants in Ohio, Tennessee and Michigan, which will support a total of 11,000 jobs.

InsideEVs

Ultium Cells' Factory In Tennessee To Produce More Battery Cells

Ultium Cells intends to produce at its plant in Spring Hill, Tennessee (currently under construction) more battery cells than initially planned.

Motor1

GM-Backed Ultium Cells LLC Gets $2.5B Fed Loan For Three Battery Factories

The new plants will create more than 11,000 new jobs.

Bangkok Post

Microsoft the Best-Managed U.S. Company of 2022, Study Finds

The technology sector's grip on the top spots in the annual Management Top 250 ranking slipped this year.

Tribune News Service

Department of Energy finalizes $2.5 billion loan to GM battery joint venture

WASHINGTON — The U.S. Department of Energy has finalized a $2.5 billion loan to Ultium Cells LLC, the EV battery joint venture between General Motors Co. and South Korean battery company LG Energy Solution, officials said Monday.

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