GM

GM will not surpass Tesla this year in electric vehicle sales. GM has found it harder than expected to move away from fossil fuel cars and scale EV manufacturing.

General Motors is cutting some executive and salaried jobs in an effort to cut costs and streamline operations.

A study of 11.7 million automobile sales found General Motors and Tesla had the highest percentages of loyal customers during the 2022 calendar year.

As Tesla, Rivian, Lucid, Ford and GM cut electric vehicle costs in fight for retail consumers, fleet and distribution industry is not being electrified.

GM and Ford are driving down two different paths for investors, creating a divide within the automotive sector after quarterly earnings and input from the CEOs.

General Motors doesn't plan to cut any of the previously announced prices for its upcoming electric vehicles, despite the recent adjustments by Tesla and Ford.

In the fourth quarter, GM earned $2 billion, up from $1.7 billion the previous year, as higher prices and increased sales volume in North America more than offset higher costs.

General Motors sales increased 41.4% in the fourth quarter of 2022 on an annual basis as parts supplies and production continued to improve and better meet demand.

As demand outpaces supply customers jump to the first electric vehicle they can find, sending brand loyalty to an all time low in EV market.

NHTSA is investigating several incidents of Cruise autonomous ride-hailing vehicles becoming immobilized and stopping short, the latter resulting in rear-end collisions.

Cadillac has more interested customers for its $300,000 Celestiq electric car than it can satisfy for the first 12 to 18 months of production.

The Energy Department announced a $2.5 billion loan going to a General Motors-LG Energy Solution joint venture focused on making EV battery cells had closed.

Automakers are meeting rising vehicle emissions requirements in part through using credits earned in prior years or by buying excess credits from rivals.

Domino's is buying a fleet of 855 Chevrolet Bolt's from General Motors that will be used by its corporate-owned and franchised locations as delivery vehicles.

General Motors president Mark Reuss said during the company's Investor Day presentation that over 11,000 Teslas have been repaired at GM service centers since 2021.

General Motors president Mark Reuss said the automaker isn't ready to abandon internal combustion engine vehicles as it transforms into an EV maker.

General Motors is recalling 340,000 SUVs because their daytime running lights do not turn off when the headlights are turned on, which could cause crashes.

General Motors CEO Mary Barra says her company's trucks outsell the Ford F-Series, which Ford claims to be the best-seller, and they're both correct in a way.

The automaker reported net income of $3.3 billion, or $2.25 per share, on revenue of $41.9 billion. Net income for the quarter was driven by a new vehicle sales increase of 24% in the United States.

GM is telling its employees they can no long work fully remote starting in January. Management believes this will help accelerate its plan to go all-electric.