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The Latest Breaking News from General Motors

GM CEO Sticks With Goal Of Overtaking Tesla In US EV Sales By 2025

GM's goal remains very ambitious seeing as it sold just 25,000 EVs in the US last year, less than one-tenth of the estimated 325,000 sold by Tesla.

InsideEVs

Cadillac Lyriq Buyers Get Big Discount If They Agree To Being Tracked

General Motors apparently knocked $5,500 off the Lyriq’s price for select buyers who were asked to sign a nondisclosure agreement.

InsideEVs

Corporate America funds abortion bans

Republican group holds luxurious retreat to raise anti-abortion money from corporate donors

Salon

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GM CEO Barra says headquarters to stay in downtown Detroit

General Motors will keep its headquarters in its seven-building office tower complex in downtown Detroit, its CEO says

The Independent UK

The AP Interview: GM's Barra stands by ambitious EV pledge

The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: She pledges that by the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader

The Independent UK

GM Has an Answer for a Tesla Big Advantage

General Motors and Pilot are launching a new service that will challenge one of Tesla's big advantages.

The Street

GM Ties Up With Warren Buffett-Backed Firm To Build National EV Charging Network

Automotive company General Motors (NYSE: GM) is stepping up its electric vehicle game with a new plan to build a coast-to-coast fast charging network. Here are the details and how a Warren Buffett-backed company is helping.

Benzinga

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Two Warren Buffett Companies Unite For EV Fast-Charging Network

General Motors plans to build an EV fast-charging network with Pilot and EVgo, with billions in federal funding at stake. EVgo stock soared.

Investors Business Daily

General Motors And Pilot Announce Coast-To-Coast EV Fast Charging Network

The network will have some 2,000 charging stalls all of which will be able to supply up to 350 kW.

InsideEVs

General Motors Replies Regarding Why GMC Hummer EV Emissions Are So High

According to a statement from a company spokesperson, it’s because the new electric Hummer is a “performance-oriented EV.”

InsideEVs

Canoo Stock Soars As Startup Joins GM, Ford In Walmart Effort To Build EV Delivery Fleet

Electric delivery vans are a big market opportunity, tapping two trends: vehicle electrification and online sales boom. Canoo stock soared.

Investors Business Daily

General Motors Whale Trades For July 11

A whale with a lot of money to spend has taken a noticeably bullish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 11 strange trades.

Benzinga

US: Toyota Sold Over 200,000 Plug-Ins, Triggering Federal Tax Credit Phaseout

Toyota has recently reached the milestone of delivering 200,000 new plug-in electric cars in the US, which means the phaseout of the federal tax credit.

InsideEVs

US: GM Delivered Over 7,000 Plug-In Vehicles In Q2 2022

In Q2, GM delivered in the US a total of 7,217 plug-in electric vehicles (over 7,300 including BrightDrop Zevo 600), which is 36% less than a year ago.

InsideEVs

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InsideEVs

GMC Hummer EV Production Ramp-Up Slow, Currently At 12 Per Day

It’s not much yet, but General Motors is at least building the electric Hummer at some rate and production isn’t stalled.

Benzinga

Double Digits: General Motors Is Making Only This Many Hummer EVs Per Day

One of the largest traditional automotive companies has put forth a plan to increase its position in the electric vehicle industry, something that has drawn praise from President Joe Biden.

AFP

Automakers reports lower Q2 US sales as supply chain woes persist

New York (AFP) - General Motors, Toyota and other automakers suffered a hit to US sales in the latest quarter as supply chain woes continued to crimp inventories, according to results released Friday.

The Street

Bulls Need GM Stock to Clear This Key Level

GM stock faces two key levels on the chart: One as support and the other as resistance.

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AFP

GM reports lower Q2 sales as supply chain woes persist

New York (AFP) - General Motors reported a 15 percent drop in US auto sales in the second quarter as supply chain woes continued to crimp inventories.

Tribune News Service

Auto Workers hold lots of cards even if US heads for recession

General Motors skirted a strike this week that could have affected production of some of its most profitable vehicles. Details of the agreement with about 700 subsystem workers, who deliver parts to the assembly line, aren’t yet public and still have to be ratified. But the close call and tough…

InsideEVs

Study Predicts Both Ford And GM Will Overtake Tesla By 2025

Research author says Tesla will lose the top spot in the EV market because its lineup is not expanding quickly enough to keep up with the competition.

InsideEVs

Watch Chevrolet Silverado EV Engineering Truck On GM's Test Tracks

The Chevy team shared a video of the fully electric Silverado EV engineering vehicle out testing at General Motors proving grounds in Milford, Michigan.

The Street

General Motors Stock Halted, Edge Higher After Detailing Q2 Chip Shortage Hit To Inventory

GM said chip shortages and supply chain snarls left nearly 100,000 vehicles unfinished over the second quarter.

Benzinga

General Motors Whale Trades For June 29

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 13 strange trades.

Investors Business Daily

Ford U.S. Auto Sales Defy Industry's Q2 Slump But This Fear Hits GM, Ford Stock

Analysts are cutting their U.S. auto sales targets for 2022. Ford had a strong June thanks to new EVs but GM took the Q2 sales crown.

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