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The Latest Breaking News from GM

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.

Benzinga

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.

InsideEVs

Tickford Racing buys Holden chassis

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

Motorsport

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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.

Tribune News Service

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.

Benzinga

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…

Tribune News Service

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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

Benzinga

Acura ZDX Returns In 2024 As Brand's First EV

A sporty Type S variant is coming, too.

Motor1

GM considering Indiana town for fourth battery plant

General Motors Co. and LG Energy Solution are considering New Carlisle, Indiana, as the location for their fourth Ultium Cells LLC joint venture battery plant.

Tribune News Service

Cadillac Celestiq Prototype Looks Like A Land Yacht For The EV Age

During the first drive of the Celestiq EV prototype at the GM Technical Center in Warren, Michigan, engineers tested the vehicle's safety and functionality.

InsideEVs

GM Recalls Nearly Half-Million Large SUVs For Possible Seat Belt Issue

The recall applies to Chevrolet Suburban, GMC Yukon, and Cadillac Escalade models from 2021 and 2022 with third-row seats.

Motor1

Check Out What Whales Are Doing With 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 46 strange trades.

Benzinga

If You Invested $1,000 In Nikola Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

Benzinga

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Inverse

Want to buy an EV? Here’s what you need to know about the Inflation Reduction Act

Opinion: At first glance, the revised EV tax credits seem like a smart move. Rapid and widespread adoption of electric vehicles will be essential for the United States to meet its climate goals.

Tribune News Service

Appeals court dismisses GM's 2019 suit against FCA

The U.S. 6th Circuit Court of Appeals has affirmed a federal judge's earlier decision to throw out a racketeering lawsuit by General Motors Co. against Fiat Chrysler Automobiles, now known as Stellantis NV.

InsideEVs

GM Files Trademarks That Appear To Reveal Cadillac Celestiq Trims

While there's no way to know for sure what Cadillac plans to do with the new trademarks, it seems promising that they'll become the pricey EV's trim names.

Motor1

Acura Precision EV Concept Teases New Design Language, Debuts August 18

The Acura EV will premiere during Monterey Car Week.

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Motor1

Buick, GMC Now Require $1,500 OnStar Subscription On New Vehicles

It's technically listed as an option, but the cost is added to the MSRP and it can't be removed.

InsideEVs

Autonomy Places $1.2 Billion Order For 23,000 EVs With 17 Carmakers

Tesla makes up more than one-third of the $1.2 billion order—$443 million for 8,300 vehicles—with GM coming second with $138.7 million for 3,400 vehicles.

InsideEVs

GM Voluntarily Recalls GMC Hummer EV For Battery Connector Concern

Since GM didn't involve the NHTSA, this Hummer EV recall is referred to as a Hummer EV Customer Satisfaction Program. The fix will prevent battery connector corrosion.

The Conversation

China-US tensions: how global trade began splitting into two blocs

Speaker Nancy Pelosi’s visit to Taiwan has elicited a strong response from China: three days of simulated attack on Taiwan with further drills announced, plus a withdrawal from critical ongoing conversations with the US on climate change and the military.

Salon

Manchin's EV tax credit has a catch

There’s a catch, and it could end up making it difficult for most EVs to qualify for the new incentive

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.

Benzinga

Benzinga Before The Bell: Elon Musk Confirms Tesla AI Day Part 2, Dogecoin Scam, BioNTech Q2 Earnings Shocker And Other Top Financial Stories Monday, August 8

CNBC Celsius Withdraws Motion To Rehire CFO

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