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The Latest Breaking News from General Motors Co

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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GM creates new energy business

General Motors Co. announced Tuesday it's forming a new business called GM Energy for energy management products and services to expand growth opportunities beyond selling vehicles.

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Ford, GM report mixed Q3 results in China as auto market continues COVID recovery

Crosstown rivals General Motors Co. and Ford Motor Co. reported mixed results in China in the third quarter as the world's largest car market continued its recovery from COVID-related disruptions earlier this year.

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GM Defense selected to develop battery prototype for military use

GM Defense, a subsidiary of General Motors Co., has been selected by the Pentagon's Defense Innovation Unit to develop a battery pack prototype for testing and analysis on Department of Defense platforms, the company said Thursday.

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GM sees 24% 3Q sales increase, says it's prepping early for EV launches in 2023

General Motors Co. U.S. dealers sold 555,580 vehicles in the third quarter, up 24% from last year as inventory levels improved and demand remained strong despite rising interest rates.

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GM partners with Silicon Valley company on battery tech

General Motors Co. and Palo Alto-based OneD Battery Sciences have entered a joint research development agreement for the potential use of OneD's silicon nanotechnology in GM's battery cells to increase energy density for longer range at a lower cost.

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Is iPhone Demand Really Slowing Down?, Lyft Freezes Hiring, Biogen's New Drug Slows Alzheimer's Progression: Top Financial Media Stories Wednesday, Sept. 28

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GM delays timeline on employees returning to the office amid backlash

General Motors Co. executives are delaying the timeline for bringing white-collar workers back to the office after backlash from a decision released last week requiring employees to return to in-person work three days a week, according to a Tuesday memo.

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GM tells white-collar employees to return to office 3 days a week

General Motors Co. white-collar employees will be expected to return to the office three days a week later this year, the company said Friday.

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General Motors invests $760 million for EV-related work at Toledo transmission plant

General Motors Co. is investing $760 million at its Toledo Propulsion Systems plant for the production of drive units that will be used for future battery electric trucks, including the Chevrolet Silverado EV, GMC Sierra EV and GMC Hummer EVs, the company said Friday.

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GM invests in battery recycling company

GM Ventures, General Motors Co.'s investment arm, has made a strategic investment in Canada-based Lithion Recycling Inc.'s Series A financing round to support a new strategic partnership between the companies.

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GM halts reservations for Hummer EV pickup, SUV

General Motors Co. is ending reservations on all trims of the GMC Hummer EV pickup and SUV Wednesday night after receiving 90,000, the company said.

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General Motors investing in Toledo plant for EV production support

General Motors Co. Toledo Transmission plant on Friday is expected to receive an investment to support electric-vehicle production — marking the first time a GM propulsion plant will receive allocation for EVs.

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Hertz to order up to 175K EVs from GM to meet EV fleet goals

The Hertz Corp. is planning to order up to 175,000 electric vehicles from General Motors Co. over the next five years for its rental fleet, the companies said Tuesday.

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GM's BrightDrop electric cart will appear in Kroger stores for grocery pickup

BrightDrop, the General Motors Co. business focused on delivery and logistics, is introducing the eCart, a new product that will help streamline online grocery order fulfillment, the company says.

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GM to invest $491 million at stamping facility to support EV production

General Motors Co. is investing $491 million at its Marion, Indiana, metal stamping plant for production of steel and aluminum stamped parts for future products, including electric vehicles.

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Henry Payne: Five things about the 2024 Chevy Equinox EV

With the 2024 Chevrolet Equinox EV, General Motors Co. takes a significant fork in the road to the company's electric future as governments from California to Washington state target gas engines for elimination over the next decade.

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GM’s Cruise recalls self-driving software after June Crash

General Motors Co.’s Cruise self-driving car unit has recalled an older version of software used by its robotaxis at the time of a crash in San Francisco in June, according to federal transportation regulators.

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GM joint venture Ultium plant in Ohio begins battery cell production

Ultium Cells LLC has started production of battery cells at its first manufacturing operation in Warren, Ohio, the General Motors Co. and LG Energy Solution joint venture company confirmed Wednesday.

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Chip woes: GM halts truck production at Mexico truck plant next week

General Motors Co.'s truck plant in Mexico will be down next week as a result of the semiconductor shortage.

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GM, citing 'consistently strong earnings,' to reinstate dividend, resume stock buybacks

General Motors Co. is reinstating its quarterly dividend for shareholders after suspending it in April 2020 in response to the coronavirus pandemic, the Detroit automaker said Friday.

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GM considering Indiana town for fourth battery plant

General Motors Co. and LG Energy Solution are considering New Carlisle, Indiana, as the location for their fourth Ultium Cells LLC joint venture battery plant.

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Appeals court dismisses GM's 2019 suit against FCA

The U.S. 6th Circuit Court of Appeals has affirmed a federal judge's earlier decision to throw out a racketeering lawsuit by General Motors Co. against Fiat Chrysler Automobiles, now known as Stellantis NV.

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UAW convention ends on dramatic note, even as some hail 'democratic' progress

DETROIT — The United Auto Workers' 38th Constitutional Convention ended on a dramatic note Thursday, reflecting internal fissures — as well as some signs of progress — in a union attempting to move beyond a years-long corruption scandal and position itself for an uncertain future.

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GM says it has enough EV battery raw materials to hit 2025 production target

General Motors Co. now has deals in place to source all of the raw materials it needs for the electric-vehicle batteries to meet a 2025 goal of having 1 million units of annual EV capacity in North America, the Detroit automaker said.

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