The Latest Breaking News from GM

BYD sold around 3.8 million cars in the first 11 months of 2024, a 40% year-on-year jump.

This year has been full of surprises on the electric vehicle beat. But one of the biggest and most pleasant ones to see has been the unexpected success of the 2024 Honda Prologue. I'll be brutally candid and say that I didn't expect Honda's white-labeling of the General Motors Ultium…

Chevrolet hopes the new Equinox EV gets American buyers off the fence. It addresses their two biggest concerns over EVs, cost and range, with a base price of $34,995 before tax credits and a 319-mile reach. Those figures alone make this an extremely compelling car. 

The Honda Prologue is proving to be this year’s underdog. A badge-engineered Chevrolet Blazer EV with the added benefit of Apple CarPlay, the Prologue is Honda’s only electric offering in the United States. Its future was uncertain, especially considering the not-so-rosy state of General Motors’ Ultium efforts at the beginning…

GM shares down after recognizing $2.7 billion equity loss in China joint ventures. The company expects to record an other than temporary impairment of equity interest in the China JV's in the range of $2.6 billion – $2.9 billion in three months ending December 31, 2024.

For much of this year, we've been covering the rise of the Chinese auto industry as primarily a problem for the European auto industry. Every car company has lost sales in their biggest market as the local competition got better and better, but Volkswagen and others have to do battle…

Automaker is restructuring in China after losing about $350m in the region in the first three quarters of this year

General Motors faces losses in Q4 due to underperforming Chinese joint ventures, impacting net income but not adjusted pretax earnings. GM navigates challe...

The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year