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The Latest Breaking News from General Motors

Stocks Edge Lower, Week Ahead, Tesla, Ford, Twitter - Five Things To Know

Stock futures edge lower as October rally faces inflation test; Week Ahead: earnings, inflation and Fed minutes in focus; Tesla sees record September china sales after Shanghai re-boot; Ford, GM shares slump after UBS downgrade and Twitter shares move closer to Musk takeover price of $54.20.

The Street

GM Loses $103M Class-Action Lawsuit Over Engine Flaws

An appeal could still reverse the decision.

Motor1

Elon Musk Says President Biden Is Right About One Thing

The billionaire is a regular critic of the Democratic president but he just congratulated him on a decision.

The Street

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General Motors 'Marching Towards An Electric Future': Former Tesla Executive Joins Company

The battle between electric vehicle leader Tesla Inc (NASDAQ: TSLA) and other traditional gas-powered traditional automakers is expected to heat up in coming years. Now, a former Tesla executive has jumped on board with a future rival.

Benzinga

Supercars targeting North American F1 race from 2024

Supercars is hoping to add a North American Formula 1 race to its schedule in the next few seasons.

Autosport

Supercars targeting American F1 race

Supercars is hoping to add a North American Formula 1 race to its schedule in the next few seasons.

Motorsport

This Is What Whales Are Betting On General Motors

A whale with a lot of money to spend has taken a noticeably bearish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 35 strange trades.

Benzinga

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US: In Q3 General Motors Sold More Plug-Ins Than Ever

General Motors is returning to the fast lane of electrification with a new record plug-in electric vehicle sales results in the US during the third quarter.

InsideEVs

Analysts Think 9 Cheapest Of The Cheap Stocks Are Worth A Shot

Buying S&P 500 stocks on the cheap isn't a winning way to make money long term. But that doesn't stop some investors from trying anyway.

Investors Business Daily

US auto sales remain slow in third quarter

New York (AFP) - Automakers saw lackluster US sales in the third quarter, as manufacturers continued to grapple with supply constraints, according to reports from the companies Monday.

AFP

US auto sales to fall a bit in 3Q, even with September gains

New vehicle sales in the U.S. are expected to have fallen slightly in the third quarter, even with improvement in September

The Independent UK

How McKinsey cashed in by consulting for both companies and their regulators

When McKinsey Comes to Town authors Walt Bogdanich and Michael Forsythe say the consulting firm helped companies boost tobacco and opioid sales — while at the same time working for the FDA.

WEKU

Is Credit Suisse the 2022 Lehman Brothers?

The Swiss bank's difficulties raise fears of a shockwave comparable to the one that gripped the markets in September 2008.

The Street

Toyota Boss Did Happy Dance After Outselling GM In The US Last Year

Akio Toyoda: "Thankfully, nobody saw it!"

Motor1

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Investors Business Daily

Auto Sales: Ford Joins GM With Q3 Surge On Strong Car Demand

Ford stock and GM stock both spiked Tuesday. Concern about U.S. auto sales recently expanded from supply to demand.

The Street

Cadillac Recalls High-Profile Electric Vehicle

Cadillac introduced the Lyriq with great fanfare as part of General Motors' shift to an all-electric future.

Benzinga

Nio Enters Race for Lithium with Australian Investment

Key Takeaways: Nio Inc. will pay $7.7 million for 12% of Australian miner Greenwing Resources, which holds the rights for the San Jorge Lithium Project in Argentina Nio is the latest electric vehicle maker to purchase lithium assets, following similar moves by domestic rival BYD and global names like Tesla…

InsideEVs

Hertz Seeing "Very, Very Solid" Demand For Tesla EVs, CEO Reveals

Hertz's CEO also points out that Tesla EVs have contributed to some substantial savings for the company in maintenance costs.

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news in one place.

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Daily Mirror

Man shares 'game-changing' car park hack that makes supermarket parking a breeze

A man has shared a "game-changing" car park technique that will make your big supermarket shop so much easier, and claims shoppers have "been parking in parking spots wrong the whole time"

InsideEVs

Cadillac Lyriq Gets Recalled For Touchscreen That Goes Blank

The problem appears when someone interrupts the defective screen's booting or shutdown sequence by opening a door while the vehicle is parked and powered off.

Benzinga

This Is What Whales Are Betting On General Motors

A whale with a lot of money to spend has taken a noticeably bearish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 30 strange trades.

InsideEVs

GM's Toledo Propulsion Systems To Produce Ultium EV Drives

General Motors announced a significant investment of $760 million at its Toledo Propulsion Systems facility in Toledo, Ohio to handle EV drive unit production.

InsideEVs

General Motors Exec Says Nikola Badger Pickup Only Had GM Parts

Nikola signed a deal with General Motors to build its electric pickup, and the startup apparently only supplied the design brief while its CEO stated otherwise.

Tribune News Service

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.

The Independent UK

GM spending $760M to convert Toledo factory to make EV parts

General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drive lines for electric vehicles

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