GM News Updates

BusinessTechnologyAutonomousTCA

Cadillac Unveils Concept AV InnerSpace

Cadillac revealed the InnerSpace concept two-passenger electric and autonomous luxury vehicle Jan. 6 at CES in Las Vegas.

January 7, 2022
BusinessTechnologyEquipmentFuel

Fords Market Value Tops GM for First Time in Five Years

Ford Motor Co.s surging stock has given it a market value greater than rival General Motors Co. for the first time in more than five years.

December 28, 2021
BusinessTechnologyFuelLogisticsAutonomousTop 100TCA

BrightDrop Delivers First Electric Vans to FedEx

BrightDrop, General Motors Co.s new electric delivery and logistics business, has delivered the first five vans of an order of 500 to FedEx Corp., the company said Dec. 17.

December 17, 2021
BusinessTechnologyFuelAutonomous

LG Energy Seeks Up to $10.8 Billion in Record IPO

LG Energy Solution plans to raise as much as $10.8 billion in what would be South Koreas biggest-ever initial public offering, defying concerns over fires involving its batteries that led to a mass recall of Chevrolet Bolt electric vehicles.

December 7, 2021
BusinessTechnologyFuel

GM Venture to Build Battery Chemical Plant

General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it brings more steps in the electric vehicle supply chain under its umbrella.

December 1, 2021
BusinessTechnologyEquipmentFuelTCA

Merchants Fleet Expands Order of BrightDrop EVs

DETROIT BrightDrop, a General Motors Co. startup making electric delivery vehicles, said Nov. 18 that Merchants Fleet is planning to expand its purchase order to receive a total of 18,000 BrightDrop EVs.

November 19, 2021
BusinessFuel

GM Beats Estimates, Sees 2021 Profit at High End of Guidance

General Motors Co. beat analysts consensus estimate for the latest quarter thanks to strong performance from its financial unit and a one-time gain, and said full-year results would come in at the high end of its previous guidance.

October 27, 2021
BusinessTechnologyFuelLogistics

GM to Install 40,000 Public EV Chargers

General Motors Co. will use its dealership network to deploy up to 40,000 electric vehicle chargers across the U.S. and Canada, as the veteran automaker ramps up its shift to plug-in models.

October 26, 2021
BusinessTechnologyEquipment

GM Plants That Closed Due to Chip Shortage to Reopen Nov. 1

DETROIT For the first time in eight months, the global shortage of computer chips wont force General Motors to keep any North American factories closed.

October 22, 2021
BusinessEquipmentSafetyFuel

GM Gets LG to Cover $1.9 Billion in Bolt EV Recall Costs

General Motors Co. said it reached an agreement with partner LG Electronics Inc. to recover from the South Korean company $1.9 billion of the $2 billion in costs for a recall of batteries in its Chevrolet Bolt electric vehicle.

October 12, 2021