GM News Updates

Business, Technology, Equipment, Fuel

GM Passes Ford in Q1 EV Sales, Still Trails Tesla

DETROIT — General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race.

April 4, 2023
Business, Technology, Equipment

General Motors Digs Into Mining Business to Lead Race for EV Metals

General Motors is trying to speed ahead in the race for metals underpinning the industry’s shift to electric cars.

February 17, 2023
Business, Technology

GM’s Strong Truck Sales Are Funding EV Sales Blitz, Barra Says

General Motors Co.’s leader said demand for expensive trucks remains robust, enabling the company to fund a blitz in electric vehicles that begins this year.

February 17, 2023
Government, Business, Technology, Safety, Autonomous

GM’s Self-Driving Expansion Faces Challenges in San Francisco

General Motors-owned Cruise is working to expand its paid service to all of San Francisco and run it 24 hours a day.

February 3, 2023
Business, Technology, Equipment

GM Tops Rival Automakers in Car Sales as Supply Crunch Eases

General Motors Co. made big sales gains in the third quarter in a sign the semiconductor shortage is easing, but the relief may arrive for automakers just as consumers get squeezed by rising interest rates and concerns about the economy.

October 4, 2022
Business, Technology, Equipment, Fuel, TCA

Hertz to Order Up to 175,000 EVs From GM

The Hertz Corp. is planning to order up to 175,000 electric vehicles from General Motors Co. over the next five years for its rental fleet, the companies said Sept. 20.

September 21, 2022
Business, Technology, Fuel

GM Bets on EVs for the Masses With $30,000 SUV

GM expects to make the electric model of its popular Chevrolet Equinox SUV available for sale in about a year with a $30,000 price tag.

September 8, 2022
Government, Business, Technology, Equipment, Fuel

GM Venture Starts Building Battery Cells at New Ohio Factory

DETROIT — General Motors said Aug. 31 that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.

August 31, 2022
Government, Business, Fuel

DOE Lends $2.5 Billion to GM Venture for EV Batteries

WASHINGTON — 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.

July 26, 2022
Business, Technology, Equipment

GM Misses Profit Estimates as Chip Shortage Crimps Output

General Motors Co. reported weaker second-quarter profit than analysts’ estimates as semiconductor shortages kept production volumes in check. The automaker also warned it is bracing for tougher times ahead.

July 26, 2022