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Tag: GM news

A standards war? A win for consumers? What the Ford and GM Tesla deals mean | Greenbiz

The news that rocked the electric transportation world earlier this month — General Motors’ deal to give its drivers access to the Tesla Supercharger...

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GM Closes Two Plants Temporarily Due to Chip Shortages

More than two years after it began to pinch carmakers, shortages of semiconductors are continuing to slow production. General Motors confirmed plans to shut down...

GM Resets Share Buyback, Hikes Dividend

With the value of its stock down substantially this year, General Motors confirmed it plans to move ahead with buybacks of the company’s shares...

GM Exploring Indiana Site for Fourth U.S. Battery Plant

General Motors and LG Energy said there would be four battery plants for its Ultium Cells LLC joint venture and after naming Ohio, Tennessee...

GM Sends a Message to Dealers, Flippers with Warranty Threat

GM is continuing the fight against dealers and flippers looking to extract extra cash from buyers of its in-demand vehicles, telling them parts of...

GM Earnings Take a Hit in Second Quarter

General Motors’ second quarter earnings lagged the year ago period despite increased revenue during the period. However, the company says its on track to...

U.S. Army Evaluating GMC Hummer for Military Use

The old adage proclaims there are no new ideas, however, General Motors and the U.S. Army might be putting a new twist on it. GM...

GM Sinks $10M into Floating Offshore Wind Venture

General Motors Ventures, which the automaker set up to help fund the development of new and promising technology, made a $10 million investment in...

Cruise Gets Approval to Operate First Driverless Ride-Hailing Service

Several autonomous vehicle companies have been testing their technology by offering free rides to passengers; however, it’s GM’s Cruise subsidiary getting the first approval...

GM Buying Out SoftBank’s Stake in Cruise for $2.1B

General Motors is upping its stake in its autonomous driving unit Cruise, the Detroit automaker buying out an equity stake held by Japanese investment management fund SoftBank for $2.1 billion. Find out more at TheDetroitBureau.com.

Buick Encore, Chevy Trax Reportedly Heading Off into the Sunset

As it starts to ramp up its line-up of battery-electric vehicles, General Motors is beginning to pare back its conventional gas-powered offerings. The latest two getting cut? The Buick Encore and Chevy Trax. Get details at TheDetroitBureau.com.

GM Readying to Invest $6.5 Billion in Michigan-based EV Projects, Report Says

GM is reportedly set to reveal a $6.5 billion plan to build electric vehicles and batteries at two Michigan locations as it continues its trek toward electrification. The company’s goal is 50% of its new vehicle sales to be battery electrics by 2035. Get details at TheDetroitBureau.com.

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