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The Latest Breaking News from GM

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

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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

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

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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.

InsideEVs

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…

Benzinga

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.

Tribune News Service

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

The Independent UK

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.

InsideEVs

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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.

Motorsport

Sims: 2023 Action Express Cadillac ride is “dream come true”

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

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Tribune News Service

GM halts reservations for Hummer EV pickup, SUV

General Motors Co. is ending reservations on all trims of the GMC Hummer EV pickup and SUV Wednesday night after receiving 90,000, the company said.

Tribune News Service

General Motors investing in Toledo plant for EV production support

General Motors Co. Toledo Transmission plant on Friday is expected to receive an investment to support electric-vehicle production — marking the first time a GM propulsion plant will receive allocation for EVs.

Tribune News Service

EPA approves Ultium Cells battery components for Michigan plant

WASHINGTON — The U.S. Environmental Protection Agency has approved Ultium Cells LLC to build an electric vehicle battery component at the request of a bipartisan group of Michigan lawmakers.

The Independent UK

Why a shuttered auto plant in Ohio could doom Democrats from picking up a key Senate seat

One of 2022’s most important Senate races may have been decided on ‘Black Monday’, John Bowden reports from Youngstown, Ohio

Tribune News Service

New Unifor president ready to grow the union's diminished auto sector

From a pandemic to an internal scandal on top of supply disruptions causing mass temporary layoffs, Lana Payne already has seen Canada's largest private sector union through a series of trials.

Tribune News Service

Hertz to order up to 175K EVs from GM to meet EV fleet goals

The Hertz Corp. is planning to order up to 175,000 electric vehicles from General Motors Co. over the next five years for its rental fleet, the companies said Tuesday.

InsideEVs

General Motors To Supply 175,000 EVs To Hertz Through 2027

Hertz said the order includes a wide range of vehicle categories and price points, from compact and midsize SUVs to pickups, luxury vehicles and delivery vans.

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