Retirees take last shot to save pensions after being rejected by courts
The retirement package for Delphi Corp. employees was slashed when General Motors went into bankruptcy in 2009. Some lost retirement savings and health coverage.
GM sticks to full-year profit forecast, but prepares for possible slowdown
General Motors reported earnings per share of $1.14 and expects full-year net income of $9.6 billion to $11.2 billion. It warned that there are concerns about economic conditions
Chevrolet is giving Corvette Z06 buyers $5,000, but there's a catch
Chevrolet is offering buyers of the upcoming Corvette Z06 a bonus worth $5,000 if they don't resell their vehicle until they've owned it for at least 12 months.
GM lacks parts to handle recall it issued
General Motors initiated a recall for two of its vehicles earlier this year, but as of July, does not have the necessary parts to address the recall.
GM supply chain disruptions hit Q2 US vehicle sales
GM expects total net income for the quarter in the range of $1.6 billion and $1.9 billion and adjusted earnings in the range of $2.3 billion and $2.6 billion.
The Cadillac Lyriq is sold out for 2023
Cadilac has sold out the first year's production for the Lyriq electric SUV and is now taking orders on 2024 models as it ramps up production to meet demand.
FedEx receives 150 of GM's BrightDrop electric delivery vans
Shipping giant FedEx has set an ambitious goal to transition its fleet of delivery vehicles to all-electric, zero-tailpipe emissions by the year 2040.
The Chevrolet Silverado EV is popular with commercial fleets
GM has 85,000 reservations for the Chevrolet Silverado EV from fleets and over 140,000 total for the all-electric pickup that goes on sale in 2023.
The electric Cadillac Lyriq is sold out for 2023
The electric Cadillac Lyriq was sold out for 2023 within hours of its order book opening on May 19. The midsize SUV has a starting price of $62,990.
GM CEO Mary Barra says lessons learned on her first job help her lead the company today
GM CEO Mary Barra told the Milken Institute Global Conference that experience working on the Pontiac Grand Prix assembly line in a co-op program has informed her job today.
US agency opens probe into electric vehicle batteries
The National Highway Traffic Safety Administration says the probe covers more than 138,000 vehicles with batteries made by LG Energy Solution of South Korea.
Canada to support GM multi-billion-dollar investments in pair of plants
Canada on Monday will announce its support for General Motors Co's multi-billion-dollar investment in two plants, including one that will produce electric commercial vehicles (EVs), a government source said.
GM buys SoftBank's stake in its driverless car unit Cruise
General Motors Co. said it is buying out SoftBank Vision Fund L.P.'s stake in its Cruise division for $2.1 billion, roughly four years after the Japanese investment firm joined the car maker in betting on driverless-car technology.
California to test electric Fords and GMs as backup power for homes
The Pacific Gas & Electric Company is planning pilot programs this year to study the use of Ford and GM's electric vehicles as backup power for homes in case of blackouts.
Elon Musk trolls Biden, invites United Auto Workers union to hold vote on organizing labor at Tesla
Tesla CEO Elon Musk invited the United Auto Workers union to hold a vote at the company this week after Biden declined to mention the electric vehicle pioneer in Tuesday evening's State of the Union address.
BMW suspending vehicle exports to Russia
German carmaker BMW joins other corporations in getting tough against Russia.
Ford, GM update production around Canadian trucker convoy
Ford and other automakers warned Thursday that the ongoing bridge blockade from Detroit by Canadian truckers protesting COVID-19 mandates could do further damage if it continues
GM hires Biden niece Missy Owens for director position
General Motors has hired Missy Owens, niece of President Biden, as their new Director of Environment, Sustainability and Governance (ESG) Policy, Fox News has confirmed.
Record sales prices drive GM profit up 56% to $10B last year
General Motors increased its net income 56% last year, helped by higher prices for its vehicles that were made scarce by a global shortage of computer chips.
GM prioritizes faster EV launches ahead of fatter profits
General Motors Co on Tuesday said it will spend more than the $35 billion previously planned through 2025 to speed up launches of new electric vehicles, and noted that investments in technology will take priority over richer profits next year.