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The Latest Breaking News from GM

Department of Energy finalizes $2.5 billion loan to GM battery joint venture

WASHINGTON — The U.S. Department of Energy has finalized a $2.5 billion loan to Ultium Cells LLC, the EV battery joint venture between General Motors Co. and South Korean battery company LG Energy Solution, officials said Monday.

Tribune News Service

GM-ER puts safety first during his Sealdah-Gede inspection

KOLKATA: Eastern Railway general manager Arun Arora put maximum impetus on safety aspects and passenger amenities of the railway operations during his annual inspection of the Sealdah-Gede section on Sunday.

The Times of India

GM joint venture gets $2.5B loan to build battery plants

A joint venture between General Motors and South Korean battery company LG Energy Solution has closed on a $2.5 billion federal loan to help finance three lithium-ion battery cell plants in Ohio, Tennessee, and Michigan

The Independent UK

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Stellantis to Stop Operations at Jeep Cherokee Factory

Jeep maker Stellantis NV said on Friday that it would stop operations at a 1,350-employee assembly plant in Illinois, citing the need to control costs in the face of supply-chain disruptions and high expenses associated with moving to electric vehicles.

Bangkok Post

UAW organizes its first EV battery plant

The United Auto Workers has organized its first joint-venture battery plant, a facility in northeast Ohio owned by General Motors Co. and LG Energy Solution, the union said early Friday.

Tribune News Service

Camaro, Escalade Sub-Brands Are In The Works At GM: Report

A four-door Camaro crossover and a Cadillac Escalade minivan could be part of the plan.

Motor1

Camaro’s electric future could include crossovers and SUVs

GM’s electrification strategy may look to make Corvette, Camaro, and Escalade into their own subbrands.

Inverse

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GM Program To Install 40,000 EV Charging Stations In US, Canada Begins

Nearly 1,000 GM dealers have enrolled in the program.

Motor1

4 Stocks to Buy Before the Next Big Bull Rally

Cooling inflationary pressures and the Fed’s indication of a slower pace of rate hikes ahead could generate a potential bull rally this month. So, we believe investors should load up on fundamentally strong stocks General Motors Company (GM), BorgWarner Inc. (BWA), Teva Pharmaceutical Industries Limited (TEVA), and Rambus Inc. (RMBS).…

StockNews.com

Watch A GM Cruise Autonomous Chevy Bolt Get Stuck In Traffic Without Anyone Inside

A Cruise-operated Chevy Bolt got stuck at an intersection and put its emergency lights on, even though the traffic light was green.

InsideEVs

GM Rumored To Consider Escalade, Camaro EV Sub-Brands

Both the Escalade and Camaro sub-brands would have their own distinctive lineups of EVs, including SUVs, crossovers, sports cars and even a minivan.

InsideEVs

White Sox stay quiet at winter meetings

White Sox sit back, wait to make moves. “We’ll remain patient. And diligent,” GM Rick Hahn says on last day.

Chicago Sun-Times

GM installs first EV chargers for dealer partnership program

General Motors Co. is starting to install the first community charging stations as part of its Dealer Community Charging Program, with the first ones going up in Michigan and Wisconsin.

Tribune News Service

GM Launches Its Dealer Community Charging Program With Flo

General Motors has teamed with Flo to launch its Dealer Community Charging Program which places 19.2-kW AC charging stations in strategic locations.

InsideEVs

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Motor1

2023 GMC Canyon Starts At $38,095, Much More Expensive Than Predecessor

Production will begin in January next year.

Tribune News Service

GM's BrightDrop to make vans for DHL Express Canada, starts Ontario production

INGERSOLL, Ontario — General Motors Co.'s BrightDrop electric delivery vehicle company is adding DHL Express Canada logistics company as a customer, the automaker said Monday.

InsideEVs

Tesla Model Y Vs Chevrolet Bolt EUV: Do They Even Compare?

The Bolt EUV is arguably the best EV value today, and it seems people are simply overlooking it. The Model Y is way more popular, but it's also twice the price.

Tribune News Service

GM, LG investing $275 million to increase Tennessee battery plant capacity

General Motors Co. and LG Energy Solution are investing $275 million at their Tennessee Ultium Cells LLC joint-venture battery plant to increase cell production there when it opens in late 2023, the company announced Friday.

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The Independent UK

GM venture to invest additional $275M at Tennessee plant

A joint venture between General Motors and South Korean battery company LG Energy Solution says it will invest an additional $275 million to expand a Tennessee battery cell factory for electric vehicles

Tribune News Service

Auto review: Payne: Big ute in the big city, GMC Yukon Denali holidays in Chicago

CHICAGO — This is a big city. Big buildings. Big avenues. Big sports teams. Big shoulders. Big swagger.

StockNews.com

4 Growth Stocks You May Want to Start a Position in

Markets have witnessed massive selloffs and declining consumer confidence this year. However, with cooling inflation and expectations of an interest rate hike slowdown, markets could experience a bounce. Against this backdrop, quality growth stocks General Motors (GM), Rambus (RMBS), MaxLinear (MXL), and Celestica (CLS) could be ideal purchases. Read on….

Fortune

GM VP Kristen Siemen on how the world can embrace the EV revolution: 'It's a cultural change'

GM VP Kristen Siemen says that companies can achieve their environmental goals faster than they thought—but they need to consider accessibility, too.

Fortune

How Walmart and GM are seriously tackling the climate crisis

"Most of the interventions save suppliers money," says Walmart’s Kathleen McLaughlin.

Motor1

GM's Robotaxi Division To Enter "Large Number Of Markets" In 2023

Austin and Phoenix are next in line.

Inverse

A four-door Corvette EV could shirk every rule in the sports car’s playbook

There could be a four-door and SUV model of the Corvette EV, alongside the classic coupe design.

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