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The Latest Breaking News from GM

Top Financial Stories Friday, September 2: GM's Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..

Wall Street Journal

Benzinga

GM’s Cruise recalls self-driving software after June Crash

General Motors Co.’s Cruise self-driving car unit has recalled an older version of software used by its robotaxis at the time of a crash in San Francisco in June, according to federal transportation regulators.

Tribune News Service

The surprising history of how electric vehicles have played the long game and won

Electric vehicles, we are often told, are the future. A whole range of carmakers and nations have plans to go electric.

The Conversation

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GM joint venture Ultium plant in Ohio begins battery cell production

Ultium Cells LLC has started production of battery cells at its first manufacturing operation in Warren, Ohio, the General Motors Co. and LG Energy Solution joint venture company confirmed Wednesday.

Tribune News Service

GM venture starts building battery cells at new Ohio factory

General Motors says a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits

The Independent UK

Did General Motors CEO Mary Barra Tap The Brakes On Plan To Pass Tesla In EVs By 2025?

General Motors Company (NYSE: GM) CEO Mary Barra recently discussed the current standing of the automotive industry and touched on the company's transition to electric vehicles; but what may be even more important is what she didn't say.

Benzinga

Making EVs without China's supply chain is hard, but not impossible – 3 supply chain experts outline a strategy

Two electrifying moves in recent weeks have the potential to ignite electric vehicle demand in the United States. First, Congress passed the Inflation Reduction Act, expanding federal tax rebates for EV purchases. Then California approved rules to ban the sale of new gasoline-powered cars by 2035.

The Conversation

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GM CEO Barra Talks EV Future, Doesn't Reiterate Being No. 1 By 2025

GM's Mary Barra has been adamant about the automaker beating Tesla and becoming the EV leader by 2025. However, she didn't reiterate that in a recent interview.

InsideEVs

Honda And LG Create Joint Venture To Build Battery Plant In US

The plan is for production to begin in 2025. The factory will make 40 gigawatt-hours of battery packs each year.

Motor1

Electric Car Adoption Soars Above Expert Predictions

It seems that electric car adoption has exceeded predictions and the future looks even brighter for EVs.

InsideEVs

Chevrolet Corvette Production Pauses For A Week Due To Supply Issues

GM's main plant in Mexico is also halting its production for the same reason.

Motor1

Callaway Previews Supercharged Corvette C8, Production Starts In 2023

Serialized production slots are now available, which you can secure through a deposit.

Motor1

Chip woes: GM halts truck production at Mexico truck plant next week

General Motors Co.'s truck plant in Mexico will be down next week as a result of the semiconductor shortage.

Tribune News Service

2023 Cadillac V-LMDh is “wicked fun to drive” says Bamber

Chip Ganassi Racing’s Earl Bamber was left highly positive after testing next year’s Cadillac prototype around Michelin Raceway Road Atlanta.

Motorsport

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InsideEVs

China: Plug-In Car Sales More Than Doubled In July 2022

The plug-in electric car segment in China is growing very fast and once again more than doubled year-over-year.

Benzinga

Tesla, General Motors Or Ford Stock? Here's What Jim Cramer And The Halftime Report Panel Said

Tesla Inc (NASDAQ: TSLA) is set for a three-for-one stock split Wednesday night after the close.

StockNews.com

GM Reinstates Dividend, but These 2 High-Yielders Are Better Buys

General Motors (GM) recently reinstated its quarterly cash dividend after a hiatus of two years. At 9 cents a share, it is a vast reduction from the 38 cents a share paid back in April 2020. With persistent economic turbulence and GM’s priority to spend massively to compete in the…

Benzinga

General Motors Whale Trades For August 22

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 15 strange trades.

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InsideEVs

Report: The Fourth Ultium Cells Battery Plant Might Be Built In Indiana

A new report indicates that Ultium Cells, a joint venture between GM and LGES, might soon announce the location for its fourth battery gigafactory.

Motorsport

Tickford Racing buys Holden chassis

Tickford Racing has bought a control Supercars chassis initially earmarked to be a Holden Commodore from Garry Rogers Motorsport.

Tribune News Service

GM, citing 'consistently strong earnings,' to reinstate dividend, resume stock buybacks

General Motors Co. is reinstating its quarterly dividend for shareholders after suspending it in April 2020 in response to the coronavirus pandemic, the Detroit automaker said Friday.

Benzinga

GM Gets Its Motor Running: Carmaker Announces Share Buybacks, Quarterly Dividends, EV Projects And Other Hard-Driving Initiatives

General Motors Company (NYSE: GM) announced today (Aug. 19) that it will reinstate its quarterly dividend and increase its share buyback program.

Tribune News Service

Auto review: 2022 Chevrolet Bolt EUV proves that Kermit the Frog was wrong

Many car buyers are considering electric vehicles, or EVs, for the first time and they’re facing more choices than ever. They are also facing sky-high prices. The average transaction price of an EV in July was $66,000 according to Cox Automotive. That makes the price of the Chevrolet EUV, a…

Tribune News Service

Casey Williams: Cadillac hits its stride at 120

Elvis painted his pink and purple. Betty White drove one named “Parakeet.” They’ve carried presidents, mobsters and almost everybody on their last ride. Rock and Roll would have neither rocked nor rolled without them. Some even paced Indy and raced LeMans. Now Cadillac, the 120-year-old brand that once meant the…

Benzinga

Benzinga Before The Bell: Tesla's Autopilot Attracts Regulatory Ire Again, Roblox Poaches Meta Official, Snap Cancels Drone Project And Other Top Financial Stories Friday, August 19

Reuters Pilot Strike, Delayed Aircraft Delivery Force SAS To Cancel 1,700 Flights

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