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The Latest Breaking News from General Motors Co

GM reports nearly $10 billion in profit in 2022 despite headwinds

General Motors Co. booked $9.9 billion in net income last year, down from 2021's $10 billion despite chronic supply chain woes, rising interest rates and a slowing economy.

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LG gets extension on Michigan battery plant expansion as plans with GM stall

LG Energy Solution is getting an extension on formally entering into an agreement with Michigan's quasi-governmental economic engine to quintuple the size of its Holland, Michigan, electric-vehicle battery plant just days after it first was reported that the company won't be building a fourth battery plant with General Motors Co.

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GM appealing to Supreme Court in case against FCA

General Motors Co. is asking the U.S. Supreme Court to review its racketeering lawsuit against Fiat Chrysler Automobiles, now known as Stellantis NV, according to a filing this month with the high court.

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Will Ram's electric truck be a 'revolution'? Here's where its concept stands

LAS VEGAS — The "Ram Revolution" has arrived.

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'Target on its back:' How Tesla's woes could benefit competitors like GM, Ford

After Tesla Inc.'s shares closed their worst year ever, they continued to fall Thursday — a clear signal of investor concerns swirling around the leading electric-vehicle maker even as competitors like General Motors Co. and Ford Motor Co. look to steal some of its business in 2023.

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UAW says Ultium negotiations to start in January

Ultium Cells LLC, the General Motors Co. and LG Energy Solution battery cell joint venture, and the United Auto Workers will begin negotiating on their first contract for workers at Ultium's northeast Ohio plant in January, union spokesperson Sandra Engle said in a statement.

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Buick to introduce first Ultium-powered electric SUV for China

Buick on Monday said it will soon introduce the all-electric Electra E5, the brand's first production vehicle developed on General Motors Co.'s new electric Ultium platform in China.

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Department of Energy finalizes $2.5 billion loan to GM battery joint venture

WASHINGTON — The U.S. Department of Energy has finalized a $2.5 billion loan to Ultium Cells LLC, the EV battery joint venture between General Motors Co. and South Korean battery company LG Energy Solution, officials said Monday.

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UAW organizes its first EV battery plant

The United Auto Workers has organized its first joint-venture battery plant, a facility in northeast Ohio owned by General Motors Co. and LG Energy Solution, the union said early Friday.

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GM installs first EV chargers for dealer partnership program

General Motors Co. is starting to install the first community charging stations as part of its Dealer Community Charging Program, with the first ones going up in Michigan and Wisconsin.

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GM's BrightDrop to make vans for DHL Express Canada, starts Ontario production

INGERSOLL, Ontario — General Motors Co.'s BrightDrop electric delivery vehicle company is adding DHL Express Canada logistics company as a customer, the automaker said Monday.

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GM, LG investing $275 million to increase Tennessee battery plant capacity

General Motors Co. and LG Energy Solution are investing $275 million at their Tennessee Ultium Cells LLC joint-venture battery plant to increase cell production there when it opens in late 2023, the company announced Friday.

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Musk Says Apple Mostly Stopped Advertising on Twitter

Billionaire Elon Musk said in a tweet on Monday that Apple Inc has mostly stopped advertising on Twitter. Apple and Twitter did not immediately respond to requests for comment. Earlier in November, Musk said Twitter had seen a "massive" drop in revenue and blamed activist groups for pressuring advertisers. Several…

Asharq Al-Awsat

GM battery plant employees to vote for UAW representation in December

An election to unionize the first General Motors Co. and LG Energy Solution battery cell manufacturing plant is scheduled for Dec. 7 and Dec. 8, according to a National Labor Relations Board filing.

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GM startup BrightDrop projects $1 billion in revenue next year

BrightDrop, a General Motors Co. startup, focused on offering electric delivery options, told investors on Thursday it's on track to reach $1 billion in revenue in 2023.

The Guardian - US

General Mills latest to halt Twitter ads as Musk takeover sparks brand exodus

Cheerios and Lucky Charms cereal company joins General Motors Co and Audi among others in pulling money from the platform

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GM to collaborate on battery separator technology, build plant

General Motors Co. and battery manufacturer Microvast said Wednesday they will jointly develop specializedelectric-vehicle battery separator technology and build a new separator plant in the U.S.

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GM: All American sites will be powered with renewables by 2025

General Motors Co. said Wednesday that based on current projections, it will be able to power all of its U.S. sites with renewable energy by 2025 — five years ahead of its previous target of 2030.

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GM beats expectations, nets $3.3 billion profit in third quarter

General Motors Co. on Tuesday said it made $3.3 billion in net income in the third quarter, up from 2021's third quarter profits of $2.4 billion despite a tight supply inventory still hindering sales and lessening demand amid economic uncertainty.

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GM brings in $3 billion in profits during third quarter

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GM reveals Edition 1 of GMC Sierra EV Denali

General Motors Co. is again revealing another pricey electric version of one of its popular trucks: the GMC Sierra.

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GM white-collar employees to return to office 3 days a week Jan. 30

General Motors Co. has informed its white-collar workforce they have to return three days a week to the office starting at the end of January.

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Harley is rethinking its headquarters as CEO rejects a return to office

Companies from Apple Inc. to General Motors Co. to Goldman Sachs Group Inc. are grappling with how to coax employees back to the office. Harley-Davidson Inc. is taking a different tack: let them stay home.

Tribune News Service

GM expands benefits eligibility to include US domestic partners

General Motors Co. is expanding benefits eligibility for U.S. salaried employees to include their domestic partners, regardless of gender, starting Jan. 1, 2023.

Tribune News Service

GM to invest in Australian minerals company to secure nickel, cobalt supplies

General Motors Co. on Tuesday said it has secured a new source of nickel and cobalt for its Ultium battery cells through an investment of up to $69 million in an Australian minerals exploration company.

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