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The Latest Breaking News from GM

GM, Volkswagen, And The US Postal Service: Top EV News July 29, 2022

It's time again for your weekly dose of some of the most interesting electric car stories of the week. Get out the popcorn and enjoy the EV videos.

InsideEVs

GM Believes It Will Be "A Substantial Player" In Europe's EV Market

GM's plan for Europe is expected to be announced early next year, but the return will likely be spearheaded by the Cadillac Lyriq and GMC Hummer EV.

InsideEVs

Chevrolet Silverado EV Already Has 150,000 Reservations

The GMC Hummer also enjoys strong interest.

Motor1

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Rejected by courts, retirees take last shot to save pensions

When General Motors went through the biggest industrial bankruptcy proceedings in history, 20,000 retirees from GM’s Delphi Corp. subsidiary saw their retirement savings slashed

The Independent UK

Ford executives address 'sweeping strategic change' as company reports Q2 earnings growth

Don't mistake the changes underway at Ford Motor Co. as the "indiscriminate" cost cuts of eras past, executives said Wednesday.

Tribune News Service

2024 Honda Prologue EV Reveals More Of Its "Neo-Rugged" Design

The Honda Prologue clay model features similar proportions to the Chevrolet Blazer EV, which could suggest it's a midsize SUV with related powertrain options.

InsideEVs

4 General Motors Analysts React To Q2 Earnings Miss, Ongoing Supply Chain Challenges

General Motors Company (NYSE: GM) shares rebounded by 2% on Wednesday after the company reported disappointing second-quarter numbers as it struggles with parts shortages.

Benzinga

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Ford, GM Request Permission For Self-Driving Cars, No Steering Wheel

Ford and GM aren't the only companies petitioning NHTSA to make decisions related to self-driving cars, though the news has been kept quiet until this week.

InsideEVs

General Motors' Cruise Robotaxi Unit Is Losing $5 Million A Day

If Cruise keeps burning money at the current rate, its cash reserves of $3.7 billion and $5 billion credit facility would run out in less than two years.

InsideEVs

GM says it has enough EV battery raw materials to hit 2025 production target

General Motors Co. now has deals in place to source all of the raw materials it needs for the electric-vehicle batteries to meet a 2025 goal of having 1 million units of annual EV capacity in North America, the Detroit automaker said.

Tribune News Service

GM's 2Q profits down 40% amid supply challenges, reaffirms full-year guidance

General Motors Co.'s second-quarter profits dropped roughly 40% year-over-year amid nagging supply-chain disruptions, even as the Detroit automaker forecast production improvements in the second half of the year and maintained its full-year earnings guidance.

Tribune News Service

The Bull, Bear Case For General Motors Stock Following Disappointing Q2 Earnings Print

General Motors Company (NYSE: GM) was sliding about 2.5% lower intraday on Tuesday after printing worse-than-expected second-quarter EPS results.

Benzinga

Energy Dept. backs $2.5B loan to GM venture for EV batteries

A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states

The Independent UK

GM Lands Cathode Supply For 5 Million EVs By 2030, Plus Lithium Deal

GM plans to overtake Tesla as the world's leading EV maker, and it hopes to do so with lower prices. Securing tons of raw materials is a major step forward.

InsideEVs

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InsideEVs

Ultium Cells To Get $2.5 Billion Loan From US Department Of Energy

This will be the Department of Energy's first loan for a battery cell manufacturing project under the Advanced Technology Vehicles Manufacturing (ATVM) program.

Benzinga

Benzinga Before The Bell: Walmart's Outlook Cut, Apple's Self Driving Car Dreams, Coinbase's SEC Investigation And Other Top Financial Stories Tuesday, July 26

CNBC

Tribune News Service

Energy Department plans to loan GM battery joint venture $2.5 billion

WASHINGTON — The Department of Energy said Monday it plans to loan General Motors Co. and LG Energy Solution's joint venture $2.5 billion to build EV battery plants in Michigan, Ohio and Tennessee.

InsideEVs

GM Launches Interactive "EV Live" Website To Educate People About EVs

GM's new EV Live program allows people to interact live, virtually, and one-on-one with experts in the field who can answer their EV-related questions.

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Motor1

Buy New Corvette Z06, Keep It For At Least 12 Months, Get $5,000 Bonus

GM will give you $5,000 in reward points if you don't flip your new Z06.

Motor1

1967 Oldsmobile Toronado Gets First Wash In 15 Years

This classic american coupe was home to a mouse family that moved into the spacious trunk.

InsideEVs

GM Chosen To Provide Hummer EV To US Army For Demo And Testing

We know many police departments are adopting EVs, and it only makes sense for the military to do the same. What better demo for the US Army than the Hummer EV?

Tribune News Service

GM's OnStar rebrands with 'modern, simpler' logo

General Motors Co. is rebranding OnStar, its in-vehicle safety and security communications service, with a "modern, simpler design," the automaker said Thursday.

InsideEVs

Cadillac Celestiq Show Car Heralds The Ultimate Ultium-Based EV

Cadillac did not offer any specifications of the Celestiq, only saying that additional details on the production model will be announced later this year.

USA Today Sports Media Group

How Mickey Loomis compares to his peers as NFL’s longest-tenured general manager

How does Mickey Loomis compare to his peers as the NFL's longest-tenured general manager? Only one G.M. has seen the teams he built win more playoff games:

Motor1

GMC Hummer EV May Get Drafted For Duty In US Army

The military is evaluating the electric truck because the Army wants to reduce its reliance on fossil fuels.

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