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The Latest Breaking News from GM

GM sees 24% 3Q sales increase, says it's prepping early for EV launches in 2023

General Motors Co. U.S. dealers sold 555,580 vehicles in the third quarter, up 24% from last year as inventory levels improved and demand remained strong despite rising interest rates.

Tribune News Service

Automakers Racing Out EVs, But Tesla's Lead Is Tough Act To Follow

Tesla got into the EV game early and was mocked for it. Now, automakers appear to have been blindsided, and some are doing everything they can to catch up.

InsideEVs

Electric vehicle startups face an uphill climb

Some EV startups are still making progress, but life is getting harder as funding dwindles.

Axios

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Toyota Boss Did Happy Dance After Outselling GM In The US Last Year

Akio Toyoda: "Thankfully, nobody saw it!"

Motor1

Biden pledge to make federal fleet electric faces slow start

President Joe Biden often promises to lead by example by moving quickly to convert the U.S. government fleet to zero-emission electric vehicles

The Independent UK

GM EV1: A revolutionary antique that’s still the car of the future

It cost as much as a Mercedes, could only travel 79 miles, and was both the hero and villain of Hollywood. Only 10 years after it rolled into driveways, almost all were crushed. One remains operational … and its parked at The Smithsonian. A qualified antique, it’s still the car…

Tribune News Service

GM partners with Silicon Valley company on battery tech

General Motors Co. and Palo Alto-based OneD Battery Sciences have entered a joint research development agreement for the potential use of OneD's silicon nanotechnology in GM's battery cells to increase energy density for longer range at a lower cost.

Tribune News Service

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Green Man festival tickets sold out in four hours, despite 'frustrating' ticketing system

Many took to social media to share their disappointment with the ticket buying process

Wales Online

Tesla And Ford Have High Brand Loyalty: What About New Customers?

Tesla has had high brand loyalty for some time, and now that Ford is making notable strides in the EV game, people are paying more attention.

InsideEVs

Cadillac Lyriq Gets Recalled For Touchscreen That Goes Blank

The problem appears when someone interrupts the defective screen's booting or shutdown sequence by opening a door while the vehicle is parked and powered off.

InsideEVs

Is iPhone Demand Really Slowing Down?, Lyft Freezes Hiring, Biogen's New Drug Slows Alzheimer's Progression: Top Financial Media Stories Wednesday, Sept. 28

Bloomberg

Benzinga

GM delays timeline on employees returning to the office amid backlash

General Motors Co. executives are delaying the timeline for bringing white-collar workers back to the office after backlash from a decision released last week requiring employees to return to in-person work three days a week, according to a Tuesday memo.

Tribune News Service

This Is What Whales Are Betting On General Motors

A whale with a lot of money to spend has taken a noticeably bearish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 30 strange trades.

Benzinga

Chevrolet Kicks Off Campaign With New Ad: EVs For Everyone

According to CEO Mary Barra, GM's goal is to make EVs everyone can afford. This is the first of a series of related ads that will debut during NFL games.

InsideEVs

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InsideEVs

Acura VP Says NSX Likely To Return With All-Electric Propulsion

Acura VP Jon Ikeda says a third-generation NSX would be the perfect platform to highlight the brand's shift from ICEs to battery-electric propulsion.

InsideEVs

GM's Toledo Propulsion Systems To Produce Ultium EV Drives

General Motors announced a significant investment of $760 million at its Toledo Propulsion Systems facility in Toledo, Ohio to handle EV drive unit production.

InsideEVs

General Motors Exec Says Nikola Badger Pickup Only Had GM Parts

Nikola signed a deal with General Motors to build its electric pickup, and the startup apparently only supplied the design brief while its CEO stated otherwise.

Benzinga

Tesla's AI Day Round The Corner, Ford Shuffles Around Team With Eye On EV Leadership, GM Says Hummer All-Electric Reservations Fully Booked: Week's Biggest EV Stories

Electric vehicle stocks fell across the board in the week ending Sept. 23, dragged by the Fed-induced sell-off in the market. Stung by worries concerning a potential recession and the impact of a rising rate environment, most clocked double-digit losses. Now, here are the key events that happened in the EV…

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Tribune News Service

GM tells white-collar employees to return to office 3 days a week

General Motors Co. white-collar employees will be expected to return to the office three days a week later this year, the company said Friday.

Tribune News Service

General Motors invests $760 million for EV-related work at Toledo transmission plant

General Motors Co. is investing $760 million at its Toledo Propulsion Systems plant for the production of drive units that will be used for future battery electric trucks, including the Chevrolet Silverado EV, GMC Sierra EV and GMC Hummer EVs, the company said Friday.

The Independent UK

GM spending $760M to convert Toledo factory to make EV parts

General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drive lines for electric vehicles

InsideEVs

BMW's Range, Kia USA, Uber And Hertz EVs: Top EV News Sept 23, 2022

The floodgates are open when it comes to EV news, and it's likely hard for fans to keep up with it. Here's a recap of some interesting stories from the week.

Tribune News Service

GM invests in battery recycling company

GM Ventures, General Motors Co.'s investment arm, has made a strategic investment in Canada-based Lithion Recycling Inc.'s Series A financing round to support a new strategic partnership between the companies.

Autosport

Sims explains how Cadillac LMDh IMSA move has become a “dream come true”

Alexander Sims says competing in Action Express Racing’s new Cadillac LMDh in IMSA is the chance to return to “the most enjoyable form of racing that I’ve done.”

Benzinga

This Is What Whales Are Betting On General Motors

Someone with a lot of money to spend has taken a bullish stance on General Motors (NYSE:GM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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