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The Latest Breaking News from GM

General Motors Pledges Massive $7 Billion EV Investment In Michigan

The company will add 4,000 jobs and have a capacity of 1 million EVs per year by 2025.

Motor1

BofA Expecting Earnings Beat From GM, But Misses From Ford And Tesla: What Investors Need To Know

Although expectations in the automotive industry have been “set reasonably low” heading into the quarter, investors are likely to focus on outlooks for 2022 and beyond, according to BofA Securities.

Benzinga

GM Investing $6.6B In Orion EV Plant, Third US Battery Cell Factory

At a total of $7 billion, this is the single largest investment announcement in GM's history, and $6.6 billion of it is for electric vehicles and battery cells.

InsideEVs

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This Is What Whales Are Betting On General Motors

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.

Benzinga

GM Plans Electric Motor Components Production In Western New York

GM announced announced a nearly $154 million investment in its Western New York Lockport Components plant to handle electric motor components production.

InsideEVs

Rumor: GM To Announce Two Major EV Investments In Michigan

General Motors is expected to invest a significant amount in new EV and battery-related project in Michigan, specifically in Lansing and Orion Township.

InsideEVs

GM Threatens To Cut New EV Allocation For Dealers Applying Markups

In a letter signed by GM North America president Steve Carlisle, dealers are reminded of their obligation to "ethically and lawfully sell GM products."

InsideEVs

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GM Investing $154M To Build Electric Motors In New York

GM doubles down on EV future.

Motor1

GM to spend $6.5B, add 4,000 jobs at Michigan EV factories

General Motors is poised to announce next week major electric vehicle investments in Michigan

The Independent UK

GM and local UAW at odds over contract at plant that makes the Corvette

General Motors is back at the bargaining table just two years after reaching a national contract agreement with the UAW amid a 40-day national strike.

Tribune News Service

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

Dying Diesel, Blink Charging, Fiat Panda, More: EV News Jan. 21

There's never a shortage of global EV news, though Europe tends to have more going on in the segment than in other areas. Here's the good new the week brings.

InsideEVs

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.

Benzinga

New EV rules handicap transplants, play to Detroit Three's strengths

As the most onerous federal mpg regulations in 50 years force the auto industry toward electric vehicles, domestic manufacturers are in the catbird seat. Credit the Detroit Three's huge advantage in profitable fleet trucks and vans, say industry analysts, that are lining up corporate customers. Meanwhile, more consumer-reliant Asian automakers…

Tribune News Service

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InsideEVs

GM Says Its Fuel Cell Generators Could Enable EV Fast-Charging

Powered by GM's Generation 2 Hydrotec fuel cell power cubes, these applications show that hydrogen can work for electric vehicles, not against them.

Motor1

Ford, GM Only Brands To Earn Points In New CR Driver Monitoring Test

Consumer Reports will now evaluate driver monitoring systems on vehicles with advanced driver-assist features.

Motor1

GM Warns Dealers About High Markups, Deposits Ahead Of Big Launches

The Corvette Z06, Cadillac Lyriq, and Silverado EV are coming soon.

InsideEVs

GM Secures Tax Break For Expansion Of Orion Assembly Plant

General Motors' expected expansion of the 39-year-old Orion Assembly plant in Orion Township, Michigan will be supported by tax breaks.

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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

Tribune News Service

GM wins tax abatement for potential $1.3B EV investment at Orion plant

Orion Township, Michigan officials on Tuesday approved a tax abatement for a proposed $1.3 billion investment by General Motors Co. to build electric vehicles at its Orion Assembly plant in Lake Orion.

Tribune News Service

US Supreme Court declines to hear Delphi retirees' case, ending legal options

The U.S. Supreme Court on Tuesday declined to hear a case brought by former salaried employees of the auto supplier Delphi who argued their pensions were wrongly cut when those for union workers were preserved.

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.

Tribune News Service

GM has new online marketplace with 45,000 parts for sale: What customers should know

In its drive to add revenue from sales of software and services, General Motors is launching an online parts store that will give GM vehicle owners the ability to buy parts direct.

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…

Benzinga

General Motors Whale Trades Spotted

Benzinga's options scanner just detected over 10 options trades for General Motors (NYSE:GM) summing a total amount of $637,639. At the same time, our algo caught 2 for a total amount of 120,600.

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