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The Latest Breaking News from GM

Looking At General Motors's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 23 strange trades.

Benzinga

Car guy Biden to tout electric vehicles at Detroit auto show

President Joe Biden will showcase his administration’s efforts to promote electric vehicles during a visit to the Detroit auto show

The Independent UK

Ultium workers at Ohio plant vote to push for union representation

Workers at the Ultium Cells LLC plant in northeast Ohio have authorized a strike in a bid to get the company to recognize the United Auto Workers union as their bargaining agent.

Tribune News Service

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A Dubious Truck, a Whistleblower Army, and Inept Spies: Inside the Very Weird Nikola Saga

Trevor Milton looked like the next Elon Musk—and may end up the next Elizabeth Holmes. As the first of his several trials gets under way, the people who exposed him reveal how it all went down.

Businessweek

Check Out What Whales Are Doing With General Motors

A whale with a lot of money to spend has taken a noticeably bearish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 11 strange trades.

Benzinga

After Pandemic Hiatus, Detroit Auto Show Reboots Itself

Less glitz, better weather.

Asharq Al-Awsat

California's war for the electric car

It took 50 years, but California clean-air regulators never surrendered — and the electric future is here

Salon

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GM To Launch Tesla-Style Direct Sales Model In China

The dealership model worked for many years, but it may not be the best option for EV sales. This is why GM and others are considering a different approach.

InsideEVs

Top Financial Stories Friday, September 09: Elon Musk Hints At Potential Apple-SpaceX Partnership, GM's EV For Cost Conscious Buyers, Google Under DOJ Scanner For Search-Engine Dominance And More...

Bloomberg When The Bank Error Is Not In Your Favor: Pay Back $500 Million

Benzinga

Cheaper electric vehicles coming despite high battery costs

Auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers

The Independent UK

2024 Chevrolet Equinox EV Revealed In Full And Detailed

The new affordable electric crossover from GM will be available in both front- and all-wheel drive configurations, with a starting price of around $30,000.

InsideEVs

Top Financial Stories Thursday, September 08: Amazon Slows Down Hiring, Netflix Focuses On Cost Cutting, iPhone 14 Will Be Available In Russia And More…

Reuters

Benzinga

Toyota ranked last among world's top vehicle manufacturers for climate performance

Toyota comes last for the second year in a row in a report from Greenpeace, which ranks the largest 10 global car makers on their climate change performance.

ABC News

Buick Set To Offer Buyouts To Dealers Who Refuse To Invest In EV Future

Buick will offer buyouts to dealers who are unwilling to invest in the required infrastructure for electric vehicles.

InsideEVs

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Benzinga

Top Financial Stories Friday, September 2: GM's Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..

Wall Street Journal

Tribune News Service

GM’s Cruise recalls self-driving software after June Crash

General Motors Co.’s Cruise self-driving car unit has recalled an older version of software used by its robotaxis at the time of a crash in San Francisco in June, according to federal transportation regulators.

The Conversation

The surprising history of how electric vehicles have played the long game and won

Electric vehicles, we are often told, are the future. A whole range of carmakers and nations have plans to go electric.

Tribune News Service

GM joint venture Ultium plant in Ohio begins battery cell production

Ultium Cells LLC has started production of battery cells at its first manufacturing operation in Warren, Ohio, the General Motors Co. and LG Energy Solution joint venture company confirmed Wednesday.

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The Independent UK

GM venture starts building battery cells at new Ohio factory

General Motors says a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits

Benzinga

Did General Motors CEO Mary Barra Tap The Brakes On Plan To Pass Tesla In EVs By 2025?

General Motors Company (NYSE: GM) CEO Mary Barra recently discussed the current standing of the automotive industry and touched on the company's transition to electric vehicles; but what may be even more important is what she didn't say.

The Conversation

Making EVs without China's supply chain is hard, but not impossible – 3 supply chain experts outline a strategy

Two electrifying moves in recent weeks have the potential to ignite electric vehicle demand in the United States. First, Congress passed the Inflation Reduction Act, expanding federal tax rebates for EV purchases. Then California approved rules to ban the sale of new gasoline-powered cars by 2035.

InsideEVs

GM CEO Barra Talks EV Future, Doesn't Reiterate Being No. 1 By 2025

GM's Mary Barra has been adamant about the automaker beating Tesla and becoming the EV leader by 2025. However, she didn't reiterate that in a recent interview.

Motor1

Honda And LG Create Joint Venture To Build Battery Plant In US

The plan is for production to begin in 2025. The factory will make 40 gigawatt-hours of battery packs each year.

InsideEVs

Electric Car Adoption Soars Above Expert Predictions

It seems that electric car adoption has exceeded predictions and the future looks even brighter for EVs.

Motor1

Chevrolet Corvette Production Pauses For A Week Due To Supply Issues

GM's main plant in Mexico is also halting its production for the same reason.

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