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The Latest Breaking News from General Motors

Ford Stock Falls Out of Favor After Earnings: Should You Buy or Sell?

Ford stock has pulled back since its Q2 earnings, and is significantly lagging EV rivals like Tesla. However, reasonable valuation multiples and an attractive dividend yield make the legacy automaker a contrarian buy at these levels.

Barchart

GM's electric vehicles will offer powerful new feature

General Motors is expanding its bidirectional charging technology so EVs will be able to provide backup power during blackouts.

The Street

BrightDrop Enters Mexico With Zevo 600 And Zevo 400 Electric Vans

General Motors' BrightDrop announced that is adding Mexico as the next country - following the United States and Canada - to receive its all-electric vans.

InsideEVs

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GM To Expand V2H Capability To More Ultium-Based EVs By 2026 Model Year

Upcoming Chevrolet, GMC, and Cadillac models are set to receive the useful feature.

Motor1

Cruise Robotaxi Collides With Turning Semi-Truck In San Francisco

The GM-owned self-driving unit confirmed the incident and said the semi-truck was in the right lane when it tried to turn left as the Cruise car was passing.

InsideEVs

US autoworkers may wage a historic strike against Detroit’s 3 biggest automakers – with wages at EV battery plants a key roadblock to agreement

The United Auto Workers union, which represents nearly 150,000 employees of companies that manufacture U.S.-made vehicles, kicked off in mid-July 2023 the labor negotiations it undergoes every four years with the three main unionized automakers.

The Conversation

GM And EVgo Deployed 1,000 DC Fast Charging Stalls

EVgo and General Motors celebrates opening of 1,000th DC fast charging stall, as part of their collaboration to expand fast charging infrastructure in the US.

InsideEVs

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GM Resumes Production Of BrightDrop Zevo 600 Electric Vans In Canada

Production of the BrightDrop Zevo 600 electric delivery van is back on track after GM has resumed the supply of Ultium batteries to the CAMI Assembly plant.

InsideEVs

Cadillac Escalade IQ Spy Shots Catch EV Testing Ahead Of August 9 Debut

It looks sleeker than its gas-powered counterpart.

Motor1

Elon Musk's Tesla Is Creating a Big Problem For General Motors

Tesla is driving the public discourse around a game-changing automotive technology. And that isn't a great thing for the competition.

The Street

Chevy Hands Tesla a Gift By Killing a Model Y Rival

General Motors division eliminates one of its planned all-electric models that would have competed with Tesla's Model Y.

The Street

UAW to show list of economic demands to automakers this week, will seek worker pay if plants close

The new president of the United Auto Workers says the union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week

The Independent UK

GM recalls nearly 900 vehicles with Takata air bag inflators, blames manufacturing problem

General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash

The Independent UK

Chevrolet Kills Base $45,000 Blazer EV 1LT Trim

GM has confirmed to InsideEVs that the 1LT entry-level model will not be part of the 2024 Blazer EV lineup but did not provide an explanation for the move.

InsideEVs

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Motor1

GM Says Tougher NHTSA Fuel Regs Could Be Costly To Automakers, Feds Disagree

GM will closely review NHTSA's new proposal, which calls for strict fuel economy improvements on light and commercial trucks.

WEKU

GM reverses its plans to halt Chevy Bolt EV production

The Independent UK

Congress urged to revive long-stalled debate about regulating self-driving vehicles

Advocates for the self-driving vehicle industry are asking Congress to expand their ability to test and eventually sell autonomous cars and trucks

Inverse

How GM and BMW Could Dethrone Tesla’s EV Charging Network

A coalition of seven automakers including BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis are going double the number of EV chargers in North America.

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InsideEVs

Seven Carmakers To Launch New EV Charging Network In North America

Starting next summer, the coalition aims to install at least 30,000 high-powered charge points in urban and highway locations, all compatible with CCS and NACS.

Zenger

GM’s Strong Q2 Results Overshadowed By Cost-Cutting Measures, Raising Concerns For EV Strategy

General Motors reports better-than-expected earnings, but cost-cutting measures cast doubt on EV plans.

InsideEVs

Next-Gen Chevrolet Bolt Confirmed: Will Utilize Ultium Tech

Chevrolet has just confirmed that a next-generation Bolt is in the works and that it will use the advanced Ultium tech.

Investors Business Daily

Dow Jones, Nasdaq Rise As Earnings Roll; Fed Meeting, Microsoft, Google In Focus

Futures rose as GE and GM led big earnings before the open. Microsoft and Google are on tap as the Fed meeting gets underway.

The Street

General Motors Tops Q2 Earnings Forecast, Lifts 2023 Profit Outlook

"In the U.S. market we earned the largest year-over-year increase in market share of any automaker," said CEO Mary Barra.

The Street

Stocks Mixed, General Motors, General Electric, Google, Microsoft

Stock futures mixed with earnings, Fed in focus; General Motors higher ahead of Q2 update amid demand boost; General Electric earnings on deck as spin-off plans advance; Google to highlight AI focus in q2 earnings amid search challenge and Microsoft to highlight AI market leadership in Q4 earnings, outlook

Investors Business Daily

GM Lifts Guidance After 68% Earnings Leap. Cheaper EVs, Cybertruck Rival Coming 'Soon.'

GM earnings topped Q2 views and the automaker raised guidance. GM expects to double EV output in the second half. GM stock fell.

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