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The Latest Breaking News from GM

Over the past three months, shares of General Motors (NYSE:GM) fell by 5.83%. Before having a look at the importance of debt, let us look at how much debt General Motors has.

Benzinga

GM Could Be Looking To Pull The Plug On Chevy Bolt

General Motors Co (NYSE: GM) is expected to pull the plug on its small electric vehicle Chevy Bolt, CNN reported on Wednesday.

Benzinga

GM, Ford CEOs push EV credits and chip funding at White House

General Motors Co. CEO Mary Barra and Ford Motor Co. CEO Jim Farley urged passage of President Joe Biden's social safety net and climate policy bill at the White House Wednesday.

Tribune News Service

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GM to fill 400 software jobs in defiance of the Great Resignation

General Motors is looking to recruit the top software developers around the world this year.

Tribune News Service

Elon Musk Takes A Dig At Legacy Automakers For Calling Themselves Leaders In EVs

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday yet again mocked legacy automakers General Motors Co (NYSE: GM) and Ford Motor Co (NYSE:

Benzinga

Joe Biden Gives Himself A Pat On The Back As GM Announces $7B Michigan EV Investment

U.S. President Joe Biden on Tuesday lauded General Motors Co’s (NYSE: GM) latest $7 billion electric vehicle investment in Michigan while giving himself credit for putting in place the "economic strategy" that is at the centre of the change.

Benzinga

Ford, GM CEOs Among Those Invited By Biden To Discuss $1.75T 'Build Back Better' Legislation On Wednesday

General Motors Co (NYSE: GM) CEO Mary Barry and Ford Motor Co (NYSE: F) CEO Jim Farley are among key automotive and tech executives who will meet President Joe Biden

Benzinga

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GM To Invest $7B In Michigan To Support Goal Of Wresting EV Leadership From Tesla By 2025

General Motors Corporation (NYSE: GM) has committed additional investment to further its electric vehicle push as it plays catch-up with the incumbents.

Benzinga

GM to spend nearly $7B on EV, battery plants in Michigan

General Motors is making the largest investment in company history in its home state of Michigan, announcing plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery cell plant

The Independent UK

Autoworkers worry about GM's use of lower-paid employees to build EVs

As General Motors Co. prepares for its electric vehicle future with multibillion-dollar investments in Lansing, Orion Township and elsewhere, autoworkers worry about the growing number of employees making less than traditional union-represented employees at the Detroit automaker.

Tribune News Service

GM to invest historic $7 billion in 4 facilities across Michigan, creating 4,000 jobs

In a big win for Michigan, General Motors will invest $7 billion in four manufacturing facilities, making the state the "hub" of electric vehicle development and manufacturing.

Tribune News Service

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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Benzinga

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.

InsideEVs

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."

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Motor1

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

GM doubles down on EV future.

The Independent UK

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

Tribune News Service

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.

Benzinga

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…

InsideEVs

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.

Benzinga

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.

Tribune News Service

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…

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