The Latest Breaking News from GM

A whale with a lot of money to spend has taken a noticeably bullish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 11 strange trades.

Toyota has recently reached the milestone of delivering 200,000 new plug-in electric cars in the US, which means the phaseout of the federal tax credit.

Many large companies enter the non-fungible token (NFT) sector with varying levels of success, hoping new collections serve as a way to engage fans and consumers, while also highlighting a new sector.

General Motors Co (NYSE: GM) shares are trading lower Tuesday. On Monday, the company reported second-quarter deliveries that were down year-over-year.

Despite being offered at no reserve, this 2022 GMC Hummer EV Edition 1 Pickup with 48 miles on the odometer generated a bidding war that ended at $324,500.

In Q2, GM delivered in the US a total of 7,217 plug-in electric vehicles (over 7,300 including BrightDrop Zevo 600), which is 36% less than a year ago.

It’s not much yet, but General Motors is at least building the electric Hummer at some rate and production isn’t stalled.

Unsurprisingly, the American big-body van twins will be replaced by an EV.

U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago as the global semiconductor shortage continued to cause production problems for the industry

One of the largest traditional automotive companies has put forth a plan to increase its position in the electric vehicle industry, something that has drawn praise from President Joe Biden.

General Motors skirted a strike this week that could have affected production of some of its most profitable vehicles. Details of the agreement with about 700 subsystem workers, who deliver parts to the assembly line, aren’t yet public and still have to be ratified. But the close call and tough…