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GM Secures Second Position in US Electric Vehicle Market
General Motors positions itself as the second-largest US EV manufacturer, leveraging a diverse portfolio of electric and combustion vehicles to manage fluctuating market demand.
General Motors Q2 Earnings Forecast Amid Tariff Challenges
General Motors is expected to report Q2 2024 earnings with revenue and adjusted EPS forecasted to decline due to ongoing US auto tariffs impacting full-year guidance.
Ultium Cells to upgrade Tennessee plant for LFP battery production
Ultium Cells will enhance its Tennessee facility to produce low-cost lithium iron phosphate battery cells, with commercial production expected by late 2027, complementing existing chemistries.
SAIC-GM Launches Buick GL8 with 5C Plug-In Hybrid Battery
SAIC-GM introduces the Buick GL8 Luzun, the first plug-in hybrid MPV with a 5C lithium battery, offering an extended electric range and rapid charging capabilities.
GM to Expand Gas-Powered SUV and Truck Production in Michigan
General Motors will begin producing the Cadillac Escalade and additional pickup trucks at its Michigan Orion Assembly plant in 2027, responding to sustained customer demand.
SAIC-GM Reveals GEN-Z Explorer EV Concept in China
SAIC-GM introduced the GEN-Z Explorer, a new all-electric hatchback concept targeting young Chinese consumers, showcasing advanced drivetrain technology and design features.
GM, LG to Upgrade Tennessee Plant for Low-Cost EV Batteries
GM and LG Energy Solution are enhancing their Spring Hill facility to produce lower-cost lithium iron phosphate EV battery cells, aiming to begin commercial production by late 2027.
Cummins Appoints Matthew Tsien to Board of Directors
Cummins Inc. has appointed Matthew Tsien, former GM CTO, to its Board, enhancing expertise for progressing its Destination Zero strategy amid evolving market conditions.
GM Launches 2026 Corvette ZR1X with Enhanced Hybrid Performance
General Motors introduced the 2026 Corvette ZR1X, a hybrid high-performance variant combining a twin-turbo V8 and electric axle to deliver improved acceleration and all-wheel drive.
GM to Invest $4 Billion in US Plants Amid Tariffs
General Motors will invest $4 billion in US assembly plants, shifting production from Mexico to comply with tariffs and enhance domestic manufacturing capacity by 2027.
GM Shifts Investment from EVs to V8 Engines Amid Policy Lobbying
GM reallocates investment from electric vehicles to V8 engines and lobbies against state emissions standards despite growth in its EV sales and market presence.
Chevrolet Considers Strategic Changes in China Amid Sales Decline
SAIC-GM plans strategic adjustments for Chevrolet in China following consecutive sales declines and postponement of new model launches, maintaining support for existing customers and after-sales services.
GM and LG Energy Plan 2028 Launch of LMR Battery Cells
GM and LG Energy Solution target commercialisation of lithium manganese-rich battery cells by 2028 for electric trucks and SUVs, aiming to enhance range and reduce costs.
GM Unveils New LMR Battery Cells for EVs by 2028
GM and LG Energy Solution plan to produce lithium-manganese-rich prismatic cells in the US, aiming to deliver longer range and lower cost batteries for electric trucks and SUVs.
GM and LG to Produce LMR Batteries for Electric Vehicles
General Motors and LG Energy Solution will jointly develop lithium manganese-rich prismatic battery cells for electric trucks and SUVs, aiming for commercial production by 2028 in the US.
GM Targets 2028 Launch of Cost-Effective LMR EV Batteries
General Motors plans to begin commercial production of lithium manganese-rich prismatic EV batteries in 2028, aiming to reduce costs and improve range in large electric SUVs and trucks.
GM Appoints Sterling Anderson as Chief Product Officer
General Motors has appointed Sterling Anderson, former Tesla and Aurora executive, as chief product officer to oversee product lifecycle integration for internal combustion and electric vehicles.
GM's Strategy to Revive Cadillac as American Luxury Brand
General Motors pursues a decade-long strategy focusing on electric vehicles and exclusivity to restore Cadillac's position in the competitive luxury vehicle market.
General Motors Revises 2025 Earnings Guidance Due to Tariffs
General Motors lowered its 2025 earnings forecast, citing a $4 billion to $5 billion impact from US auto tariffs, adjusting EBIT guidance to $10 billion–$12.5 billion.
General Motors Prepares to Report Q1 Earnings Amid Tariff Challenges
General Motors is scheduled to release Q1 earnings, with Wall Street focusing on 2025 guidance amid uncertainties from 25% auto tariffs impacting production and costs.
GM Reduces Production and Workforce at Canadian Plant
General Motors is reducing production and workforce at its Canadian facility due to market demand, prompting concerns about the future of local jobs and industry stability.
GM to End Cadillac XT6 Production, Extend XT5 Manufacturing
General Motors will discontinue the Cadillac XT6 crossover while extending production of the XT5 at its Tennessee plant as part of its electric vehicle strategy.
GM Unveils All-Electric Corvette Concept Car in England
General Motors has introduced an all-electric Corvette concept car and a new design studio in the UK, reinforcing its commitment to the European market.
General Motors Faces Significant Impact from New Tariffs
General Motors' stock declines sharply following tariff announcement, highlighting the company's heavy reliance on imports, particularly from Mexico, compared to other automakers.
General Motors and Nvidia Form Strategic Collaboration
General Motors and Nvidia have established a partnership to enhance AI capabilities in vehicles and manufacturing processes, utilising advanced technologies for future developments.
GM Increases Dividend and Launches $6 Billion Buyback Plan
General Motors has raised its quarterly dividend by 25% and initiated a $6 billion stock buyback programme as part of its capital allocation strategy.
Impact of Potential Tariffs on South Korean Auto Exports
President Trump's tariff threats may affect South Korea's auto exports, raising industry concerns, particularly for General Motors and Hyundai Motor's operations and market share.
Need for Updated Crash Barrier Standards for Electric Vehicles
Current roadside safety standards are inadequate for electric vehicles, necessitating new research to address their unique safety challenges.
Impact of New Tariffs on Ford and GM Vehicle Prices
President Trump's new tariffs on Chinese imports may affect vehicle prices and auto parts, significantly impacting U.S. automakers particularly Ford and GM.
Tariff Threat Poses Challenges for Global Automotive Sector
The potential imposition of 25% tariffs by the US on imports from Canada and Mexico raises significant uncertainty for automotive manufacturers and their supply chains.
Vianode Selected as Supplier of Graphite to General Motors
Vianode secures a supply agreement with GM for anode graphite, targeting large-scale production to support electric vehicle battery manufacturing through 2033.
General Motors Set to Report Earnings and 2025 Guidance
General Motors prepares to release earnings, anticipating revenue growth and adjusted earnings per share increases, while also updating guidance amidst operational changes.
GM Unveils Performance Cadillac Lyriq EV Model
General Motors introduces an $80,000 performance Cadillac Lyriq, aiming for luxury EV leadership in the U.S. market by 2025 with an expanded electric vehicle lineup.
FTC Imposes Data Usage Restrictions on General Motors
General Motors agrees to a five-year ban on selling geolocation and driving data, following FTC's findings of unauthorized data collection from OnStar and Smart Driver services.
NHTSA Concludes Inquiry into GM’s Cruise Robotaxis
The NHTSA has concluded its investigation into GM's Cruise, following safety concerns and a safety recall, ultimately leading to Cruise's operational shutdown.
Vianode Signs Multi-Billion Supply Agreement with GM
Vianode to supply anode graphite for GM's EV batteries, enhancing North American production and sustainability in the battery supply chain.
GM Establishes Performance Power Units for F1 Development
GM Performance Power Units LLC aims to develop F1 powertrains for Cadillac, with industry veteran Russ O'Blenes appointed as CEO to guide this initiative.
GM and LG Energy Solution Expand Prismatic Cell Development
GM and LG Energy Solution have extended their partnership to develop prismatic cell technology, enhancing battery efficiency and supporting future electric vehicle production.
GM and Ford Achieve Highest US Sales Figures Since 2019
General Motors and Ford report significant increases in U.S. vehicle sales for 2024, marking their best performance since before the pandemic.
Waymo Leads U.S. Robotaxi Market as Competitors Emerge
Waymo has reached milestones in the U.S. robotaxi sector, while Tesla and Zoox are advancing their own autonomous vehicle projects amid regulatory and operational challenges.
ChargePoint and GM Partner for New EV Fast Charging Stations
ChargePoint and GM will install hundreds of ultra-fast EV charging stations in the US, featuring advanced technology and an incentive program for charging operators.
GM Concludes Cruise Robotaxi Operations Amid Capital Shift
General Motors discontinues its Cruise robotaxi service, reallocating resources to core business areas in response to a competitive market and focus on profit generation.
GM Ceases Funding for Cruise Robotaxi Development
General Motors will end funding for its Cruise robotaxi project, reallocating resources to enhance its autonomous vehicle technologies in core manufacturing operations.
GM Withdraws Investment from Cruise Autonomous Vehicle Division
General Motors will cease funding Cruise, focusing instead on driver-assistance technologies, amid significant operating losses and a strategic business restructure.