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The Latest Breaking News from GM

General Motors Tops Toyota As Best-Selling Automaker In US For 2022

Toyota Motor North America sales were down last year, and GM saw its volume increase.

Motor1

Will Cadillac tie-up ease F1's resistance to Andretti's plans?

The announcement of Andretti and Cadillac’s plan to team up and enter Formula 1 serves as latest sign of the series’ boom in the United States.

Autosport

Honda is logical choice for Cadillac's F1 entry with Andretti

Honda has emerged as the most logical option for General Motors to partner with for its Formula 1 engine, after revealing plans to join forces with Andretti Global.

Motorsport

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'Target on its back:' How Tesla's woes could benefit competitors like GM, Ford

After Tesla Inc.'s shares closed their worst year ever, they continued to fall Thursday — a clear signal of investor concerns swirling around the leading electric-vehicle maker even as competitors like General Motors Co. and Ford Motor Co. look to steal some of its business in 2023.

Tribune News Service

Andretti, General Motors Announce F1 Entry Bid Plans Under Cadillac Brand

The FIA president said earlier this week he asked the governing body to ‘look at launching an Expressions of Interest process for prospective new teams.’

Sports Illustrated

Andretti and Cadillac announce Formula 1 entry plans

Andretti Global and Cadillac have announced plans to enter a new Formula 1 team in the coming years after the FIA started the process to expand the grid.

Autosport

MULN vs. GM: Which Is the Better EV Buy?

The Electric Vehicle industry is expected to thrive amid overwhelming demand and sustainability initiatives worldwide in the coming years. Quality EV stocks Mullen Automotive (MULN) and General Motors (GM) are expected to benefit substantially. But which is the better EV stock to buy? Let’s find out….

StockNews.com

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US: GMC Hummer EV Pickup Truck Sales Slowed Down In Q4 2022 To 72

Unfortunately, the ramp-up of the all-electric GMC Hummer EV Pickup has been interrupted by the production pause at Factory ZERO. Only 72 units were sold in Q4.

InsideEVs

GM May Produce EVs In Mexico To Compete With Tesla, Ford

Ford produces the Mustang Mach-E in Mexico and Tesla may be planning a factory there. GM is arguably wise to follow suit as the EV competition heats up.

InsideEVs

US: Cadillac Lyriq Sales Progressed Slowly In Q4 With 86 Units Sold

In Q3, the company delivered the first 36 Cadillac Lyriq and in Q4, the ramp-up progressed, although very slowly. Only 86 units were delivered to customers.

InsideEVs

3 Trending Stocks on Wall Street to Buy This Week

The major market indexes endured a difficult time last year amid high inflation and the Fed’s rate hikes. With the Fed stating that high-interest rate hikes will continue through 2023, the market could remain under pressure. Therefore, it could be wise to buy trending stocks Salesforce (CRM), Altria Group (MO),…

StockNews.com

Here are the 5 biggest innovations to expect in 2023

Inverse predicts the biggest innovations of 2023, including wins in renewable energy, electric vehicles, and biotechnology.

Inverse

The CHRO role has seen monumental shifts in the last 3 decades

The CHRO function is a relatively young invention.

Fortune

The Chevy Bolt, America’s Cheapest EV, Gets A Price Hike

General Motors increased the starting price for the 2023 Chevrolet Bolt EV and Bolt EUV, upping the MSRP by $900 and $600 respectively.

InsideEVs

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Tribune News Service

Inflation won’t stop 2023 auto sales growth amid chip recovery

U.S. auto sales likely rose in December and will rebound in the new year as a recovery in vehicle production will more than offset the effects of inflation and rising interest rates.

Tribune News Service

Auto New Year: EVs, muscle and SUVs galore on tap for 2023

Happy New Year, happy new wheels.

Tribune News Service

UAW says Ultium negotiations to start in January

Ultium Cells LLC, the General Motors Co. and LG Energy Solution battery cell joint venture, and the United Auto Workers will begin negotiating on their first contract for workers at Ultium's northeast Ohio plant in January, union spokesperson Sandra Engle said in a statement.

StockNews.com

1 Auto Stock to Watch Closely Next Year

Since the electric vehicle (EV) market is growing rapidly, quality stock General Motors (GM) should benefit, as the company is well-positioned to capitalize on its expanding EV portfolio. Therefore, this auto stock might be the one to watch closely next year. Read on….

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StockNews.com

The 4 Best Stocks Warren Buffett Has Bought and Sold

While speculators were fueling bouts of market volatility with panic-driven sell-offs, legendary investor Warren Buffett doubled down on his playbook to load up on growing businesses with enduring competitive advantages. Under his leadership, Berkshire Hathaway (BRK) increased its stake in Taiwan Semiconductor Manufacturing (TSM) and Activision Blizzard (ATVI) while lightening…

InsideEVs

Electric Cars: 2022 Year In Review, Plus 2023 Predictions

2022 was a big year for electric cars and 2023 should be even bigger. Here we take a look back at what 2022 brought and forward to predict what 2023 will bring.

Motor1

Chevrolet Bolt Recalled Again For Fire Risk, This Time With Seat Belts

Over 110,000 units are potentially involved in this voluntary recall.

StockNews.com

2 Auto Stocks to Buy in December and 2 to Avoid

The automotive industry is poised for long-term growth, thanks to the increasing integration of digital technologies and the growing popularity of electric vehicles. Given the industry tailwinds, investing in fundamentally sound auto stocks General Motors (GM) and Honda Motor (HMC) could be wise. However, with supply chain constraints, rising interest…

InsideEVs

Buick US Dealers Required To Invest $300,000-$400,000 To Sell EVs

That's the minimum investment required of dealership for tooling, training and other EV equipment; the amount will vary based on the individual store.

USA Today Sports Media Group

Will Cardinals make another internal promotion to become GM?

The Cardinals have only hired one outsider to be GM since before 1980. All others were internal promotions.

InsideEVs

2023 Chevrolet Bolt EV May Be The Best Electric Car Deal Yet, By Far

If you're shopping for an EV that's affordable and likely available, there's arguably no beating the Chevrolet Bolt EV when it comes to top value for the price.

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