General Motors

Global market conditions are contributing to slowed demand for electric vehicles. Automakers, including GM and Honda, have responded by scrapping plans to produce affordable EVs.

General Motors pulled its profit and EV guidance for 2023 as costs related to the UAW strike now reach $200 million every week, the automaker confirmed.

Investors are staring down a big week for corporate earnings with reports due from Amazon, Microsoft and Google, as well as Ford and GM with the UAW strike against the automakers dragging on.

General Motors and Unifor, a Canadian union, reached a tentative agreement hours after 4,300 workers went on strike on Tuesday at three GM facilities in Canada.

UAW President Shawn Fain said union workers overwhelmingly voted to reject a tentative agreement with Mack Trucks and will strike early Monday morning.

GM reportedly has at least 20 million vehicles built with an airbag part that the National Highway Traffic Safety Administration says is potentially dangerous.

General Motors confirmed an estimated $200 million loss since the beginning of the United Auto Workers strike against GM, Stellantis and Ford on Sept. 15.

GM secured a $6 billion line of credit on Wednesday through JPMorgan, two days after laying 164 workers amid the ongoing United Auto Worker strike, now in its 20th day.

About 4,000 workers represented by the United Auto Workers have reached a temporary deal with Volvo Group-owned Mack Trucks, ahead of a potential strike.

United Auto Workers strikes at more plants belonging to General Motors, Stellantis and Ford could reportedly come Friday, depending on the status of negotiations.

Elon Musk and President Biden have very different views on the demands being made by striking UAW workers, including their request for a 40% wage increase.

General Motors CEO Mary Barra says the company has a "historic" offer on the table as the United Auto Workers union strikes for higher wages and better pay.

Despite Stellantis coming closer to UAW demands than contemporaries Ford and GM, the offer is still much less than the 46% wage hike being sought by the union.

General Motors has offered a 10% wage increase to the United Auto Workers in what the union’s president is calling an “insulting proposal."

President Biden said on Labor Day he does not think auto workers will go on strike if a new contract agreement is not reached by a looming deadline.

Cadillac unveiled its third EV — the Escalade IQ — as it works toward its goal of becoming fully electric by 2030. It is the first fully eclectic full-size SUV from Cadillac.

Netherlands-based Stellantis is jumping into the EV charging industry with the launch of Free2move, providing infrastructure at home or work, the company announced on Tuesday.

General Motors and Samsung SDI are building an EV battery cell plant in St. Joseph County, Indianac, creating 1,700 jobs, the state’s governor announced on Tuesday.

General Motors is recalling nearly 670,000 SUVs in the US over issues with the rear-seat lower anchor bars in certain vehicles that may have too much powder coating.

General Motors on Friday issued a recall for nearly 1 million of its SUV model cars from 2014 to 2017 because of defective airbag inflators that may explode during a crash.