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The Latest Breaking News from GM

GM's 2Q profits down 40% amid supply challenges, reaffirms full-year guidance

General Motors Co.'s second-quarter profits dropped roughly 40% year-over-year amid nagging supply-chain disruptions, even as the Detroit automaker forecast production improvements in the second half of the year and maintained its full-year earnings guidance.

Tribune News Service

The Bull, Bear Case For General Motors Stock Following Disappointing Q2 Earnings Print

General Motors Company (NYSE: GM) was sliding about 2.5% lower intraday on Tuesday after printing worse-than-expected second-quarter EPS results.

Benzinga

Energy Dept. backs $2.5B loan to GM venture for EV batteries

A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states

The Independent UK

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GM Lands Cathode Supply For 5 Million EVs By 2030, Plus Lithium Deal

GM plans to overtake Tesla as the world's leading EV maker, and it hopes to do so with lower prices. Securing tons of raw materials is a major step forward.

InsideEVs

Ultium Cells To Get $2.5 Billion Loan From US Department Of Energy

This will be the Department of Energy's first loan for a battery cell manufacturing project under the Advanced Technology Vehicles Manufacturing (ATVM) program.

InsideEVs

Benzinga Before The Bell: Walmart's Outlook Cut, Apple's Self Driving Car Dreams, Coinbase's SEC Investigation And Other Top Financial Stories Tuesday, July 26

CNBC

Benzinga

Energy Department plans to loan GM battery joint venture $2.5 billion

WASHINGTON — The Department of Energy said Monday it plans to loan General Motors Co. and LG Energy Solution's joint venture $2.5 billion to build EV battery plants in Michigan, Ohio and Tennessee.

Tribune News Service

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GM Launches Interactive "EV Live" Website To Educate People About EVs

GM's new EV Live program allows people to interact live, virtually, and one-on-one with experts in the field who can answer their EV-related questions.

InsideEVs

Buy New Corvette Z06, Keep It For At Least 12 Months, Get $5,000 Bonus

GM will give you $5,000 in reward points if you don't flip your new Z06.

Motor1

1967 Oldsmobile Toronado Gets First Wash In 15 Years

This classic american coupe was home to a mouse family that moved into the spacious trunk.

Motor1

GM Chosen To Provide Hummer EV To US Army For Demo And Testing

We know many police departments are adopting EVs, and it only makes sense for the military to do the same. What better demo for the US Army than the Hummer EV?

InsideEVs

GM's OnStar rebrands with 'modern, simpler' logo

General Motors Co. is rebranding OnStar, its in-vehicle safety and security communications service, with a "modern, simpler design," the automaker said Thursday.

Tribune News Service

Cadillac Celestiq Show Car Heralds The Ultimate Ultium-Based EV

Cadillac did not offer any specifications of the Celestiq, only saying that additional details on the production model will be announced later this year.

InsideEVs

How Mickey Loomis compares to his peers as NFL’s longest-tenured general manager

How does Mickey Loomis compare to his peers as the NFL's longest-tenured general manager? Only one G.M. has seen the teams he built win more playoff games:

USA Today Sports Media Group

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Motor1

GMC Hummer EV May Get Drafted For Duty In US Army

The military is evaluating the electric truck because the Army wants to reduce its reliance on fossil fuels.

Benzinga

Benzinga Before The Bell: Baidu Beats Tesla, Finland Sells $47.5M Bitcoins, Tesla's Bitcoin Sale And Other Top Financial Stories Thursday, July 21

CNBC

Manchester Evening News

Oldham Pride bosses claim GMP have banned rainbow Pride police car at event due to 'hate crime' concerns

"Decisions like this seem counterintuitive and to drag policing backwards into its hard-line, unpassionate past'

Tribune News Service

Details of exemptions sought by GM, Ford for self-driving systems released by NHTSA

The National Highway Traffic Safety Administration on Wednesday released details of requests submitted by Ford Motor Co. and General Motors Co. to waive some federal safety standards for automated driving programs, moving the automakers a step closer to their AV visions.

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Chicago Sun-Times

Electric vehicle makers now aiming to win over mainstream buyers

They targeted early EV rollouts at customers who wanted a short-range economy car, then shifted to luxury buyers and pickup and delivery van drivers. Now, they want you.

Benzinga

General Motors Whale Trades Spotted

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 19 strange trades.

InsideEVs

2024 Equinox EV Added To Chevrolet Website Ahead Of Debut This Fall

Chevrolet will unveil the 2024 Equinox EV in early fall 2022, with the US market launch to follow a year later; the base LT model will start around $30,000.

Benzinga

Benzinga Before The Bell: Jury Finds Tesla 1% Negligent In Model S Crash, Bitcoin Sees $148M Liquidations, Amazon-Backed Zoox Robotaxi Set For Debut And Other Top Financial Stories Wednesday, July 20

CNBC

Benzinga

General Motors Making New EV In Mexico: Here's Elon Musk's Response

One of the largest American automotive companies announced a new electric vehicle launch on Tuesday. The catch is that the vehicle will be made in Mexico, something not ignored by a rival CEO.

Motor1

2024 Chevrolet Equinox EV Shows Its Softer Side On Chevy Website

It could have an official debut soon, but it won't go on sale until late 2023 in higher-spec trim.

Benzinga

General Motors Unveils Chevrolet Blazer EV: What Investors Need To Know

Legacy Detroit automaker General Motors Company (NYSE: GM) has unveiled its latest electric vehicle model that will help the company in a transition to a deeper focus on the EV sector.

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