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The Latest Breaking News from General Motors

This Is What Whales Are Betting On General Motors

Someone with a lot of money to spend has taken a bullish stance on General Motors (NYSE:GM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Why a shuttered auto plant in Ohio could doom Democrats from picking up a key Senate seat

One of 2022’s most important Senate races may have been decided on ‘Black Monday’, John Bowden reports from Youngstown, Ohio

The Independent UK

GM Unit BrightDrop Debuts Electric Cart For Hauling Groceries

Built on BrightDrop's Trace Platform, the temperature-controlled Trace Grocery is said to streamline order fulfillment and pickup for online grocery purchases.

InsideEVs

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Hertz to buy some 175,000 GM EVs through 2027

New York (AFP) - US rental car giant Hertz will buy up to 175,000 electric vehicles from General Motors by the end of 2027, the companies announced Tuesday, as the auto industry grapples with concerns over climate change and petroleum dependency.

AFP

GM Lands Huge Hertz Order for EVs

General Motors is selling electric vehicles to Hertz through the next five years.

The Street

General Motors To Supply 175,000 EVs To Hertz Through 2027

Hertz said the order includes a wide range of vehicle categories and price points, from compact and midsize SUVs to pickups, luxury vehicles and delivery vans.

InsideEVs

Hertz to order up to 175K GM electric vehicles over 5 years

Hertz plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop electric vehicles from General Motors over the next five years

The Independent UK

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Four Harley Earl Classics From GM Heritage Visit Detroit Streets

These vehicles are rarely seen together outside the GM Heritage Center.

Motor1

Will today’s tech giants reach a century? It’s all about the quality of the product

If you want to be an internet-age version of General Motors or IBM, you need to sell something people want and steer clear of political pitfalls

The Guardian - UK

Biden tours Detroit Auto Show, highlighting electric vehicle push

Detroit (AFP) - Fresh off recent legislative victories, President Joe Biden touted an electric auto future Wednesday as the new-generation models shared the stage with gasoline at a revived Detroit Auto Show.

AFP

Looking At General Motors's Recent Whale Trades

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 23 strange trades.

Benzinga

A less-glitzy Detroit auto show returns after 3-year absence

When it came time to showcase its electric Chevrolet Equinox SUV to the public this year, General Motors decided against doing so at the big Detroit auto show, as it typically would have done in the past

The Independent UK

Car guy Biden to tout electric vehicles at Detroit auto show

President Joe Biden will showcase his administration’s efforts to promote electric vehicles during a visit to the Detroit auto show

The Independent UK

Chevrolet Won't Offer Buyouts To Dealers Refusing Switch To EVs

Chevrolet global vice president Scott Bell says that Buick and Cadillac dealers who choose to take buyouts could end up exclusively selling Chevrolet vehicles.

InsideEVs

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Benzinga

Check Out What Whales Are Doing With 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 11 strange trades.

AFP

After pandemic hiatus, Detroit Auto Show reboots itself

New York (AFP) - Less glitz, better weather.

InsideEVs

GM To Launch Tesla-Style Direct Sales Model In China

The dealership model worked for many years, but it may not be the best option for EV sales. This is why GM and others are considering a different approach.

The Street

General Motors Just Reentered the Race to Beat Tesla

General Motors has kicked off its second attempt to take on Tesla as the mass-market EV leader.

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Al Jazeera

Toyota ranks last in race to transition to EVs: Greenpeace

Japanese car giant places last for second year running in ranking by environmental advocacy group.

ABC News

Toyota ranked last among world's top vehicle manufacturers for climate performance

Toyota comes last for the second year in a row in a report from Greenpeace, which ranks the largest 10 global car makers on their climate change performance.

Tribune News Service

EV tax credit may be out of reach for most consumers

WASHINGTON — While the climate, health care and tax law includes an overhaul for the electric-vehicle tax credit, allies and industry representatives have expressed concern that the statute may ultimately benefit too few consumers.

Roll Call

EV tax credit may be out of reach for most consumers - Roll Call

The overhaul by Congress for the electric-vehicle tax credit may ultimately benefit too few consumers, allies and others say.

The Street

General Motors Suffers a Setback

Cruise, the autonomous vehicle subsidiary of the Detroit giant, was the first company to get a green light for a robotaxi service in California.

InsideEVs

Ultium Cells Begins EV Battery Production In Ohio

Ultium Cells, the battery joint venture between General Motors and LG Energy Solution, has started production at its first plant located in Warren, Ohio.

The Independent UK

GM venture starts building battery cells at new Ohio factory

General Motors says a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits

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