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General Motors Sells Over 300,000 EVs In The US Market
General Motors has achieved over 300,000 electric vehicle sales in the U.S. since 2016, marking significant growth amid a competitive automotive landscape.
General Motors and Barclays Establish Long-Term Card Partnership
General Motors and Barclays have announced a long-term agreement for Barclays to issue GM co-branded credit cards, enhancing customer loyalty and service opportunities.
General Motors Forecasts Stable Earnings for 2025
General Motors anticipates 2025 earnings to align with this year, despite industry challenges, supported by improvements in electric vehicle profitability and stable demand.
General Motors Develops 6C Charging EV Battery with SAIC
General Motors and SAIC have developed a lithium iron phosphate battery enabling 200 km of range in five minutes, set to debut next year.
GMC Launches Electric Sierra Pickup to Compete in Market
GMC introduces the Sierra EV, aiming to lead the all-electric truck segment amid competitive challenges from established brands and ongoing consumer adoption trends.
General Motors to Release Second-Quarter Earnings Report
General Motors is poised to disclose its second-quarter results, with analysts predicting stable sales and earnings growth compared to the previous year, alongside updated 2024 guidance and focus on electric vehicles and operations in China.
Chinese EV stocks decline on Tesla's earnings miss and GM's EV plan delay
Major Chinese EV companies' stocks drop as Tesla reports lower revenue and General Motors delays EV projects. Industry faces reality check amid rising costs and challenges. Investor confidence shaken.
EV Battery Manufacturers Secure Graphite Supply Chain
Major EV battery manufacturers are investing in North American graphite projects to secure their supply chains amidst increasing demand for electric vehicles and batteries.
GM Financial Bank withdraws application for deposit insurance
General Motors Financial Company, Inc. has withdrawn GM Financial Bank's application for deposit insurance from the FDIC and the Utah Department of Financial Institutions. The company plans to refile, confident in its well-capitalised business model and management team.
General Motors implements stock buyback, Ford urged to follow suit
General Motors approves a $6 billion stock buyback, contrasting Ford's lack of buyback programme. Experts see potential for a buyback to boost Ford's stock amid industry challenges.
General Motors Aims to Reclaim Market Share in China after 20-Year Low
General Motors (GM) is striving to recover lost market share in China after a decline to a 20-year low in 2020, implementing strategies like new electric vehicles and brand revamps to combat competition and changing consumer preferences.
Ford Stock Performance Compared to GM and Strategies to Close the Gap
Ford must enhance buyback programme, refine product portfolio and reduce warranty expenses to bridge performance gap with rival GM. GM's aggressive buyback and focus on electric vehicles have contributed to its stock outperformance.
General Motors Reinvents Buick Brand with New Enclave SUV
General Motors has redesigned Buick's Enclave SUV, introducing new technology, exterior enhancements, and interior redesigns to complete the brand's lineup refresh. The 2025 Enclave features a larger, more aggressive design, updated interior, and advanced features like Super Cruise, setting the stage for Buick's future direction and plans for an all-electric vehicle. With a focus on innovation and growth, Buick aims to solidify its position in the global automotive market, navigating challenges in competitive markets like China.
General Motors U.S. EV Sales Decline in Q1 2024 Amid Bolt EV Phase Out
General Motors reports a 1.5% drop in US vehicle deliveries in Q1 2024, mainly due to a 21% decrease in all-electric vehicle sales following the retirement of the Chevrolet Bolt models.
General Motors Cuts Chevy Blazer EV Price After Software Issues
General Motors has reduced the price of the Chevrolet Blazer EV by up to $6,520, making it more competitive with gas-powered vehicles. Sales resume after an 11-week pause due to software issues, now qualifying for a $7,500 federal tax credit.
General Motors secures $150M sustainable refined graphite deal with Canadian miner
General Motors (GM) has signed a multiyear deal with Nouveau Monde Graphite (NMG) to supply active anode material for EV batteries, supporting sustainable North American EV production. The partnership aims for carbon-neutral battery materials production.
General Motors Plans to Transition to EV-Only by 2035 While Being Guided by Consumer Demand
GM CEO Mary Barra aims for an all-electric lineup by 2035, focusing on Ultium-based EVs to meet consumer preferences. Challenges include EV production volume and plug-in hybrids to address emissions standards.
Avanci and General Motors sign 5G vehicle license agreement
General Motors has signed a 5G vehicle license agreement with Avanci, allowing them to license essential patents for 5G, 4G, 3G, and 2G technologies. This partnership expands Avanci's successful 4G program to include over 60 leading patent holders.
General Motors Enhances Super Cruise Capabilities on 750,000 Miles of Roads
General Motors (GM) expands Super Cruise ADAS system to cover 750,000 miles, offering hands-free driving and trailering on more highways in North America. The update includes Lidar mapping technology for enhanced safety.
Kurt Kelty appointed as Vice President of Batteries at General Motors
General Motors has appointed battery expert Kurt Kelty as the Vice President of Batteries to oversee the company's battery cell strategy and drive its electrification goals.
General Motors Commits $19 Billion to Source EV Battery Materials from LG Chem
General Motors is investing $19 billion over the next decade to secure critical materials for electric vehicle batteries from LG Chem. This partnership aims to power 5 million units of EVs, reinforcing GM's commitment to sustainable EV production.
General Motors Shifts Product Lineup to Include Plug-In Hybrid Vehicles
General Motors shifts strategy to include plug-in hybrid electric vehicles in its product lineup, aiming to comply with stricter fuel economy regulations in North America.
General Motors Beats Wall Street Estimates, Forecasts Continued Strong Profit in 2024
General Motors exceeded fourth-quarter expectations with higher net income and revenue, projecting a strong 2024 despite challenges in the Chinese market. The company is focused on expanding its electric vehicle lineup to drive future growth.
General Motors Contributes to Software Standardisation for Enhanced Customer Technology
General Motors (GM) unveils 'uServices' to standardise software interfaces for secure access to vehicle systems, aiming to streamline development for Software Defined Vehicles (SDVs) and reduce engineering costs in a global alliance with COVESA.
UAW Strike's Potential Effects on Automotive and Fleet Sectors
The UAW strike's conclusion may influence vehicle production and supply chains, requiring fleets to adapt their strategies for operational continuity and sourcing.
General Motors Acquires Battery Software Startup ALGOLiON
General Motors has acquired Israeli battery software startup ALGOLiON Ltd., enhancing its battery development capabilities. The advanced software detects anomalies in EV battery performance, aligning with GM's all-electric vehicle future.
