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The Latest Breaking News from GM

Chevrolet Silverado EV Already Has 150,000 Reservations

The GMC Hummer also enjoys strong interest.

Motor1

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

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Ford Stock Jumps As Auto Giant Affirms Outlook, Hikes Dividend After Q2 Earnings Crush

Ford earnings skyrocketed, defying headwinds. And the auto giant hiked the Ford stock dividend while reaffirming 2022 outlook.

Investors Business Daily

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

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

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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

Automakers See Some Relief From Chip Shortages

The supply chain bottlenecks impacting the semiconductor industry have started to ease.

The Street

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

The Street

General Motors Stock Slumps After Q2 Earnings Miss, Muted Auto Outlook

"We are already taking proactive steps, including reducing discretionary spending and limiting hiring to critical needs and positions that support growth," said CEO Mary Barra.

Investors Business Daily

GM Stock Falls, But General Motors Predicts 'Sharp' Recovery After Q2 Earnings Tank 42%

GM earnings missed views though sales beat. General Motors announced new EV battery materials deals. GM stock undercut a key level.

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AFP

General Motors Q2 profits fall 40% on supply woes, confirms forecast

New York (AFP) - General Motors reported a big drop in second-quarter profits Tuesday due to the grinding semiconductor shortage, although the automaker confirmed its full-year forecast amid strong pricing.

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.

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.

The Street

GM Has Its 'Hermès' Car to Take on Rolls-Royce

The Detroit giant seeks to revive cachet with a car that will cause a stir.

The Street

Cadillac Reaches Back to Glory Days to Inspire New Hand-Built Luxury Model

GM's premium brand seeks to revive cachet with design of a new ultra-luxurious car that will cause a stir.

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.

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