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The Latest Breaking News from GM

Automakers targeting average households with new crop of EVs

In their first rollouts of electric vehicles, America’s automakers targeted people who value short-range economy cars

The Independent UK

GM CEO Sticks With Goal Of Overtaking Tesla In US EV Sales By 2025

GM's goal remains very ambitious seeing as it sold just 25,000 EVs in the US last year, less than one-tenth of the estimated 325,000 sold by Tesla.

InsideEVs

2024 Chevrolet Blazer EV Starts At $44,995, Has 320-Mile Max Range

The 2024 Chevrolet Blazer EV 2LT and RS will be the first to go on sale in the US in summer 2023, followed by the SS later in 2023 and the 1LT in Q1 2024.

InsideEVs

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Corporate America funds abortion bans

Republican group holds luxurious retreat to raise anti-abortion money from corporate donors

Salon

GM CEO Barra says headquarters to stay in downtown Detroit

General Motors will keep its headquarters in its seven-building office tower complex in downtown Detroit, its CEO says

The Independent UK

The AP Interview: GM's Barra stands by ambitious EV pledge

The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: She pledges that by the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader

The Independent UK

GM Ties Up With Warren Buffett-Backed Firm To Build National EV Charging Network

Automotive company General Motors (NYSE: GM) is stepping up its electric vehicle game with a new plan to build a coast-to-coast fast charging network. Here are the details and how a Warren Buffett-backed company is helping.

Benzinga

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GM plans nationwide EV charging network at Pilot Flying J truck stops

A total of 2,000 charging stations will be open to owners of any electric vehicle, no matter the brand.

Input

General Motors And Pilot Announce Coast-To-Coast EV Fast Charging Network

The network will have some 2,000 charging stalls all of which will be able to supply up to 350 kW.

InsideEVs

Boeing, GM, FedEx: these are as complicit as the far right in threatening US democracy

Corporations are underwriting the thuggery of Trump and his allies – all because they want to pay as little tax as possible

The Guardian - US

General Motors Replies Regarding Why GMC Hummer EV Emissions Are So High

According to a statement from a company spokesperson, it’s because the new electric Hummer is a “performance-oriented EV.”

InsideEVs

General Motors Whale Trades For July 11

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.

Benzinga

US: Toyota Sold Over 200,000 Plug-Ins, Triggering Federal Tax Credit Phaseout

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.

InsideEVs

Chevrolet NFT That Included Physical Corvette Fails To Rev Up Bids At GM Auction

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.

Benzinga

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Benzinga

Why General Motors Stock Is Sliding

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

InsideEVs

GMC Hummer EV Edition 1 Sells For $324,500 At Auction, A New Record

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.

InsideEVs

US: GM Delivered Over 7,000 Plug-In Vehicles In Q2 2022

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.

InsideEVs

GMC Hummer EV Production Ramp-Up Slow, Currently At 12 Per Day

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

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Motor1

GMC Savana And Chevrolet Express Could Retire After 2025MY: Report

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

The Independent UK

Chip shortage keeps driving up auto prices, cutting sales

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

Benzinga

Double Digits: General Motors Is Making Only This Many Hummer EVs Per Day

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.

Tribune News Service

Auto Workers hold lots of cards even if US heads for recession

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…

StockNews.com

3 Consumer Goods Stocks Wall Street Predicts Will Gain 60% or More

Although consumer confidence has been declining amid the rising inflation, stable job growth and rising wages are expected to support consumer spending. Given this backdrop, Wall Street analysts see a more than 60% upside potential in fundamentally sound stocks Amazon.com (AMZN), General Motors (GM), and Sea Limited (SE). Keep reading.

Tribune News Service

GM's sales drop in Q2, automaker still affirms yearly profit guidance

General Motors Co. on Friday reported a 15% year-over-year decline in its second quarter sales when the automaker still remained supply constrained, but the automaker also still expects to deliver $9.6 billion to $11.2 billion in net income this year, according to a Friday filing with the Securities and Exchange…

Benzinga

GM Holds ~95,000 Vehicles Manufactured Without Certain Components - Here's Why

General Motors Co (NYSE:GM) provided a business update for 2Q22 and said its vehicle wholesale volumes were impacted by the timing of certain semiconductor shipments and other supply chain disruptions. The company said it had approximately 95 thousand vehicles in its inventory, manufactured mostly in June, without certain components. GM expects to complete…

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