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The Latest Breaking News from General Motors

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.

Tribune News Service

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

The Independent UK

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

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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

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

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

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.

Benzinga

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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.

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.

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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.

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

Benzinga

Tesla Dominating In California: First Half 2022 Vehicles Sold In Biggest State

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has been a market share leader in the EV space in many territories over the years, including the state of California.

InsideEVs

GM CEO Barra Talks EV Future, Doesn't Reiterate Being No. 1 By 2025

GM's Mary Barra has been adamant about the automaker beating Tesla and becoming the EV leader by 2025. However, she didn't reiterate that in a recent interview.

The Independent UK

EXPLAINER: California EV requirements face some obstacles

California will require all new cars, trucks and SUVs sold in the state to run on electricity or hydrogen by 2035

Benzinga

General Motors Whale Trades For August 22

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 15 strange trades.

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