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The Latest Breaking News from GM

Industrial Policy Is Alive and Well at the Democratic National Convention

Speakers at the 2024 convention bragged about the Democratic Party's willingness to give public money to private companies.

Reason

GM Says It's Future Is Software. Here's Why It's Cutting 1,000 Software Jobs

Today on Critical Materials: GM cuts software team, Trump confirms he may cut EV tax credit and appoint Elon Musk as advisor, and Tesla escape higher EU tariffs

InsideEVs

GM cuts 1,000 software jobs in AI push

General Motors will lay off around 1,000 software workers in order for the automaker to shift its priorities towards AI.

TechRadar

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2024 GMC Sierra EV: The Cybertruck You Actually Wanted

With a big battery, big range and big luxury, the GMC Sierra EV may now be the electric truck to beat. But the EV truck wars are just getting started.

InsideEVs

Hyundai Motor Group Smoked Ford And GM In EV Sales. It's Second Only To Tesla

Hyundai's huge EV push is paying off. The company has overtaken Ford and GM to become America's second-largest EV automaker. We're not that surprised.

InsideEVs

Stock Market Today: S&P 500 Extends Longest Win Streak Since November

The Nasdaq also extended its stretch of consecutive gains to eight as Advanced Micro Devices popped on M&A news.

Kiplinger

General Motors Lays Off 1,000 In Software, Services Division

General Motors has decided to lay off more than 1,000 salaried employees who were working in the software and services division.

International Business Times

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GM Just Laid Off Over 1,000 People

The layoffs represent 1.6 percent of the company's entire salaried workforce.

Motor1

China Was Supposed To Be The Future. Now It's A 'Money Pit'

The golden goose is no longer laying eggs for car companies. Also: EVs continue to outpace the rest of the market, but with a catch.

InsideEVs

Cadillac Opulent Velocity: Here's Where Ultium Could Go Next

We've been waiting for an electric take on Cadillac's V-Series performance cars. And the Opulent Velocity concept has a lot to say about what's next.

InsideEVs

GMC Sierra EV Vs. Hummer EV: Same Platform, Totally Different Trucks

They're both $100,000, full-size EVs from GMC. But they feel completely different. The Hummer is more of a toy, while the GMC is a luxury truck.

InsideEVs

Acura Performance EV Concept: Honda Finally Gets Serious

Production of Acura's next EV starts in 2025, and it will be made in Honda's Ohio-based EV hub. It should look something like this.

InsideEVs

Gas Tax Revenue Is Declining. Lawmakers Want EVs To Foot The Bill

Several states are staring a huge budgetary deficits as tax revenue from gas cars falls. Now lawmakers want EVs to foot the bill.

InsideEVs

Cadillac Recalls Over 20,000 Lyriq EVs Because The Brakes Might Malfunction

2023 and 2024 models with all-wheel drive are affected.

InsideEVs

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Fortune

General Motors is cutting staff in China as it eyes a restructuring in the world’s largest auto market

The American automaker is competing against Chinese EV makers that are prioritizing production over profit as they try to gain more market share.

InsideEVs

2024 Cadillac Lyriq Review: Caddy's First Luxury EV Is A Winner

The Cadillac Lyriq AWD sports 307 miles of range and exceptionally quiet cabin, but charging speed is lackluster.

InsideEVs

Why Are EV Sales 'Lagging'? Here Are Two Reasons.

Blame the decline of Tesla and the lack of the Chevrolet Bolt in our market and the sales data in aggregate starts to look bad. But the truth is more nuanced.

Fortune

In China, Tesla is a 'catfish'—in a tank full of baby sharks

Tesla is no longer the only big fish in China. Now the U.S. company must compete with a slew of heavily subsidized local rivals.

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Barchart

General Motors Stock: Is Wall Street Bullish or Bearish?

As General Motors has underperformed relative to the S&P 500 Index over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Fortune

This CFO plans to surpass $1 billion in full-year revenue by digitizing the construction industry

Howard Fu, finance chief at Procore Technologies, Inc., talks transformation.

InsideEVs

The Future Electric Vehicles We're Most Excited About

From the Rivian R3 to the Ram Ramcharger, these are the upcoming EVs that InsideEVs staffers are pumped to see hit the road.

Motor1

This Might Be Your Only Chance to Own GM's Ultra-Rare Pre-War Creation

Only one of 12 built, I took a ride in the massive 1939 Futurliner back in 2021, which was a good time.

InsideEVs

This Could Be Ram's Secret Weapon In The EV Wars

The name change from Ram Commercial to Ram Professional brings a whole slew of connected car services, including EV charging infrastructure.

Barchart

This CFO Invested $1.1M in His Company's Stock After Earnings

CFO Paul Jacobson just made his first purchase of company stock in more than a year.

InsideEVs

The EV1 Was GM’s First Modern EV. This Retro Review Shows How Far We've Come

You can always count on MotorWeek to turn the nostalgia level up to 11.

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