GM

A GMC Hummer EV was sold at the Barrett-Jackson Houston auction for $225,000, which is about twice what it cost when new, as supply can't keep up with demand.

General Motors beat Toyota in sales in Q3, but Toyota beat GM in the last 12 calendar months. Future looks bleak for automakers as a potential recession looms.

Ford Motor will invest $700 million mainly at its Kentucky Truck Plant in Louisville, creating about 500 new jobs over the next four years.

GM will convert its Toledo factory from building transmissions to electric drive units, becoming the first U.S. powertrain facility repurposed for EV production.

Ford delayed deliveries of vehicles because it didn’t have the blue oval badges for them, in an example of how supply-chain challenges have hit auto makers.

Chip Giant Nvidia unveiled its new computing platform called DRIVE Thor that would centralize autonomous and assisted driving and other digital functions.

GM on Thursday announced a $491 million investment into its Marion, Indiana, metal stamping plant to ready the facility to make parts for EVs and other future products.

President Biden toured the Detroit auto show on Wednesday, meeting with industry leaders. Biden drove a Cadillac Lyriq ahead of his speech on electric vehicles.

General Motors will offer buyouts to U.S. Buick dealers as an alternative for franchise owners who don’t want to pay the price of shifting Buick into an EV only brand.

Production is underway at General Motors' new battery plant located in Warren, Ohio. The joint-venture with LG Energy Solution could help customers get federal tax credits.

General Motors is bringing back a quarterly dividend to return capital to shareholders while also eyeing opportunistic stock purchases.

General Motors and LG Energy Solutions are developing plans to build a fourth U.S. battery plant potentially in New Carlisle, Indiana.

The recall covers certain 2021-2022 model year Cadillac, Chevrolet and GMC vehicles. GM is not aware of any accidents or injuries related to the issue.

The retirement package for Delphi Corp. employees was slashed when General Motors went into bankruptcy in 2009. Some lost retirement savings and health coverage.

General Motors reported earnings per share of $1.14 and expects full-year net income of $9.6 billion to $11.2 billion. It warned that there are concerns about economic conditions

Chevrolet is offering buyers of the upcoming Corvette Z06 a bonus worth $5,000 if they don't resell their vehicle until they've owned it for at least 12 months.

General Motors initiated a recall for two of its vehicles earlier this year, but as of July, does not have the necessary parts to address the recall.

GM expects total net income for the quarter in the range of $1.6 billion and $1.9 billion and adjusted earnings in the range of $2.3 billion and $2.6 billion.

Cadilac has sold out the first year's production for the Lyriq electric SUV and is now taking orders on 2024 models as it ramps up production to meet demand.

Shipping giant FedEx has set an ambitious goal to transition its fleet of delivery vehicles to all-electric, zero-tailpipe emissions by the year 2040.