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The Latest Breaking News from General Motors

Shares of Tesla (TSLA ) climbed to a 7-1/2 month high Wednesday and are up +82% this year, rebounding sharply from last year’s -65% plunge. Tesla is benefitting from the artificial intelligence (AI) frenzy that is pushing stocks with AI relevance higher. Tesla’s valuation has exploded on hopes for its...

Barchart

Bear Put Spread Screener Results For June 8th

A bear put spread is created through buying an out-of-the-money put and selling a further out-of-the-money put. The maximum profit is equal to the distance between the strikes, less the premium paid. The loss is limited to the premium paid.

Barchart

GM Has No Plans To Build All-New Factories For Electric Vehicles

The automaker will convert some existing factories to build only EVs and others to build both electric and gasoline vehicles, GM's top manufacturing exec said.

InsideEVs

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Detroit GP organizers promise track improvements for next year

A new 1.645-mile track was constructed in the shadow of the Renaissance Center, the global headquarters of General Motors, and used some stretches of the Formula 1 track, which was used from 1982 to 1988.

Motorsport

Detroit IndyCar organisers promise track improvements for next year

Autosport

2023 Federal Tax Credit: Only Five BEV Manufacturers Qualify

The Inflation Reduction Act of 2022 (IRA), introduced in mid-2022, completely changed the federal tax credit in the United States. Let's check out the details.

InsideEVs

GM, Stellantis Fined $363M For Failing To Meet US Fuel Economy Standards: Report

The fines were $235.5 million for Stellantis and $128.2 million for General Motors

Motor1

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This cheap electric SUV costs just £10,000 – but you can't have it

The General Motors Baojun Yep is a capable, cost-effective SUV for city slickers

Ford vs. GM: Which Is the Better Unusually Active Options Buy?

Ford’s deal with Tesla is one reason investors might favor it over General Motors. In Wednesday trading, Ford had one of the most unusually active options. Does GM have anything to counter it?

Barchart

Ford's Partnership With Tesla Threatens GM, Others: Here's How

With Ford owners now gaining access to the largest US fast-charging network, other automakers like General Motors may be confronted with a difficult road ahead.

InsideEVs

GM's Quirky Baojun Yep Mini EV Goes On Sale For Just $11,300

The Baojun Yep has 188 miles of range on China's CLTC cycle and is available exclusively in a single-motor RWD powertrain configuration rated at 67 horsepower.

InsideEVs

GMC Hummer EV Battery Teardown Reveals Excessive Complexity, Weight

The GMC Hummer EV's 205-kWh battery pack is not just ridiculously heavy, it's also too complicated – and therefore expensive – to make, Munro Live shows.

InsideEVs

GM Recalls 668K SUVs For Seat Anchors That May Prevent Child Seats From Latching

The 2020-2023 Chevrolet Equinox and GMC Terrain are potentially affected.

Motor1

GM's 2025 EV Plans May Be Impacted By Battery Shortages: Report

GM has been touting grand plans to bring a whole host of EVs to market and top Tesla by 2025. It appears to be falling behind, and batteries may be an issue.

InsideEVs

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Tribune News Service

GM CEO Mary Barra on the industry's transformation, progress on DEI, and return to office

DETROIT — General Motors Co. CEO Mary Barra touched on everything from how the Detroit automaker is approaching one of the most monumental shifts in automotive industry history to the company's progress on diversity, equity and inclusion efforts to GM's return-to-office strategy in a wide-ranging discussion Thursday.

Motor1

General Motors Recalls Nearly 1M SUVs For Airbag Inflators That May Explode

The Buick Enclave, Chevrolet Traverse, and GMC Acadia could have faulty inflators that might rupture when airbags deploy.

The Canberra Times

Summernats bans 120 people as 2024 entry slots 'sell out'

More than 100 trouble-makers have been struck out from the next event.

Autosport

Cadillac targets expanding factory WEC effort to two cars in 2024

A WEC campaign in 2024 of an expanded two Ganassi-run Cadillac Racing entries is the “correct engineering way to do it”, according to Mark Stielow, director of motorsport competition engineering at parent company General Motors.

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The Hindu

Formula One faces the price of success in new Concorde talks

Formula One teams are set to start talks with the sport’s governing body and owners on a new collective agreement with wrangles over a number of thorny issues expected as the sport faces up to the price of success.

InsideEVs

GM Returning To Europe This Autumn With Multi-Brand EV Portfolio

GM did not provide details about the EV models that it plans to offer in Europe, but the Cadillac Lyriq mid-size crossover is reportedly on the launch list.

iMore

Ford stands by CarPlay despite General Motors opting to leave

Ford CEO, Jim Farley, has said he's sticking with Apple CarPlay despite General Motors opting to go its own way.

The Guardian - US

Carmakers are pushing electric SUVs, but smaller is better when it comes to EVs

Electric SUVs are better than their gas counterparts for the climate, but they can be worse than compact gas burners

The Independent UK

Going green: Nel Hydrogen to build in Michigan, work with GM

The green hydrogen company Nel announced plans Wednesday to build a massive new plant in Michigan as it works with General Motors to drive down the cost of hydrogen

InsideEVs

GM Will Invest $200 Million In New Parts Factory For Upcoming Silverado EV

According to documents filed with the city, the new plant will consist of 1.05 million square feet of space for EV parts assembly and distribution, plus approximately 50,000 square feet for office space.

InsideEVs

Hertz Now Has 50,000 EVs In Its Fleet

In the first three months of this year, the firm generated $2 billion in revenue, an increase of 13 percent year-over-year (YOY).

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