The Latest Breaking News from General Motors

According to Benzinga Pro, during Q1, General Motors (NYSE:GM) earned $2.81 billion, a 58.95% increase from the preceding quarter. General Motors also posted a total of $35.98 billion in sales, a 7.13% increase since Q4.

General Motors (NYSE:GM) reported its Q1 earnings results on Tuesday, April 26, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings General Motors beat estimated earnings by 24.4%, reporting an EPS of $2.09 versus an estimate of $1.68.

An estimated 400 new jobs will be created at the 260,000 square foot factory, which is LG Magna e-Powertrain's first production base in North America.

After more than a decade of growth stocks outperforming value stocks, that trend has reversed in the past year.

American car giant files patent for vehicle that can provide driving lessons to the person behind the wheel

Someone with a lot of money to spend has taken a bullish stance on General Motors (NYSE:GM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

LG Magna e-Powertrain, a joint venture (JV) between LG Electronics and Magna International Inc (NYSE:MGA), marked the groundbreaking of its new plant in Ramos Arizpe, Mexico. General Motors Co (NYSE:GM) is the foundational customer for the new facility.  The new facility will produce inverters, motors, and on-board chargers to support General Motors' electric vehicle (EV) production. The 260,000…

NORMAL, Illinois — As problems go, Rivian CEO and founder R.J. Scaringe believes he has a good one.

Automakers are scrambling as lithium battery and rare earth shortages may wreck the great EV race. There's no quick fix.