GM outsells Toyota in Q2 as inventory shortages linger
By Abhijith Ganapavaram (Reuters) -General Motors Co surpassed Toyota Motor Corp (TYO:7203) in second-quarter U.S. car sales, data on Friday showed, even as persistent chip shortages and...
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General Motors News & Analysis
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Stock Market Today: Dow Rides Consumer Stocks Higher to Make Strong Start to Q3
By Yasin Ebrahim Investing.com -- The Dow staged a late-day revival Friday, making a positive start to the third quarter underpinned by a jump in consumer stocks offsetting a Micron-fueled...
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S&P 500 Wavers as Rising Consumer Stocks Offset Chip-Led Dent in Tech
By Yasin Ebrahim Investing.com -- The S&P 500 wavered between small gains and losses Friday, as investors weighed up a chip-led dip in tech following weaker guidance from chipmaker Micron...
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General Motors Warns it has 95k Vehicles in Inventory Without Certain Components
By Senad Karaahmetovic General Motors (NYSE:GM) issued a warning today that it is still suffering from a shortage of key components. As a result, the company has around 95,000 vehicles in...
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Pre-Open Stock Movers 07/01: Kohl's Falls as Sale Called Off, Micron Down on Weak Guidance (more...)
Pre-Open Stock Movers:Akebia Therapeutics, Inc. (Nasdaq: NASDAQ:AKBA) 37% HIGHER; executed an agreement to terminate the U.S. and ex-U.S. vadadustat Collaboration and License Agreements with...
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GM in driver’s seat as Toyota stumbles on chip shortages
By Abhijith Ganapavaram (Reuters) – General Motors Co is poised to outsell Japan’s Toyota Motor Corp in the second quarter, even as sales at major automakers in the United States are set...
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Traffic Halted as Cruise's Robotaxis Freeze in the Street
By Michael Elkins Traffic was halted in San Francisco late Tuesday, when half a dozen Cruise robotaxis stopped operating in the middle of the Gough and Fulton Streets intersection,...
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Tesla’s $350 Billion First-Half Wipeout Opens Door for the Brave
(Bloomberg) -- Tesla (NASDAQ:TSLA) Inc. fans are hard to shake. The electric-vehicle maker’s stock is set to post its worst first half ever with a 35% plunge that eclipses the S&P 500...
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Ford's EV Mustang Mach E Was Third Best Selling BEV in US Behind Tesla - MS
By Senad Karaahmetovic Morgan Stanley analyst Adam Jonas shared key battery electric vehicles (BEV) highlights for the month of May 2022. Global BEV sales were up 64% YoY and up 30% on a MoM...
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Tesla, Ford and GM Raise EV Prices as Costs, Demand Grow
Auto makers are marking up electric vehicles to offset rising battery-material costs and capitalize on the interest caused by higher gas prices.
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Cadillac to Price Celestiq EV Around $300,000 - Report
By Michael Elkins General Motors (NYSE:GM) is set to reveal later this summer a prototype of the car, named the Celestiq. The Celestiq electric sedan will be made under GM’s luxury brand,...
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GM's Cadillac plans to price future electric sedan at about $300,000: Wall Street Journal
General Motors' Cadillac is planning to price a future electric sedan at about $300,000, the Wall Street Journal reported Friday, citing people familiar with the matter. The car, named the...
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Cruise Autonomous Vehicle Service Begins Charging for Rides
By Michael Elkins Cruise, an autonomous vehicle company backed by General Motors (NYSE:GM), has officially gone commercial this week as it began charging for rides in its self-driving...
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GM’s Cruise starts charging fares for driverless rides in San Francisco
(Reuters) – General Motors Co’s Cruise has started charging fares for driverless rides in San Francisco, the company said on Thursday, a step towards commercialization of the...
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FedEx receives first 150 electric delivery vehicles from GM's BrightDrop
FedEx Corp. said Tuesday it has received the first 150 electric delivery vehicles from GM unit BrightDrop, marking a milestone on the path to transforming its service fleet to an...
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Kelley Blue Book: Chevy flaunts its new electric Blazer—when can you get one?
The brand's transition to a mostly-electric lineup is in full swing with the sleek-looking electric Chevy Blazer.
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GM and Ford, Driving to Beat Tesla, Turn on Each Other
The Ford-GM rivalry—one of the business world’s fiercest for a century—is taking on an urgent new dimension as the companies enter the electric age.
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How GM, Ford and Tesla are tackling the national EV charging challenge
There are not nearly enough electric vehicle charging stations today. GM, Ford and Tesla are taking a variety of approaches to the problem.
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GM hikes Hummer EV price by over $6,000 as commodity, shipping costs rise
(Reuters) - General Motors Co (NYSE:GM) on Friday raised the price of its Hummer EV pickup truck by $6,250 as it seeks to mitigate higher commodity and shipping costs amid high demand for...
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GM is raising the price of its electric Hummer starting this weekend
GM is increasing the price of its EV Hummer by $6,250.
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China to adopt genetically modified maize and soy: why it matters for South Africa
Farmers drive sprinkler irrigation machines in a wheat field in East China's Jiangsu province. Costfoto/Future Publishing via Getty ImagesSomething important for global agriculture happened...
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Tesla Stock Has More Than Twitter Weighing on It
(Bloomberg) -- The Twitter overhang on Tesla (NASDAQ:TSLA) shares is turning out to be among the least of investors’ problems. Elon Musk’s decision to pursue a takeover of Twitter Inc...
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General Motors Invests $81M to Build Cadillac EV in Michigan
By Michael Elkins General Motors (NYSE:GM) announced Wednesday that the company would invest $81 million to build its future Cadillac Celestiq electric flagship sedan at GM's Warren...
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Is the Road Ahead Bumpy for GM and Ford?
Top management at General Motors (GM) and Ford Motor (F) have reaffirmed that demand for their cars and trucks remains strong. Both U.S.-based auto giants expressed...
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General Motors Not Seeing Any Signs of Weakening Consumer Demand
By Investing.com Staff General Motors (NYSE:GM) shares added to gains Wednesday following positive comments from CFO, Paul Jacobson, at today's Deutsche Bank Global Auto Industry...
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Federal data shows Tesla accounts for most driver-assist crashes, but officials warn report lacks context
Federal safety officials stressed that the data is not meant to portray whether one advanced driver-assist system is safer than another.
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GM CEO Barra Teases Electric Chevy Blazer on Twitter
By Michael Elkins General Motors (NYSE:GM) CEO, Mary Barra posted an image of the company’s upcoming 2024 Chevrolet Blazer to Twitter Monday. The image shows the "SS" performance model...
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Automakers Urge Congress to Lift Cap on EV Tax Credit
By Michael Elkins CEOs from General Motors Co (NYSE:GM), Ford Motor Co (NYSE:F), Stellantis NV (NYSE:STLA), and Toyota (NYSE:TM), Monday, sent a joint letter to congressional leaders...
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CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap
The executives say the tax credit is critical to keep the vehicles affordable as production and commodity costs rise.
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Kelley Blue Book: While car prices keep going up, these two electric cars just got a big price cut
While new car prices keep going up, General Motors just lowered the price of these two EVs by $6,000. There are good reasons for the move.
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It's not Apple or Tesla, but Inrix has data from 500 million vehicles taking transportation into the future
Inrix is a transportation software company working on a world of autonomous vehicles and zero accidents, zero fatalities and carbon neutrality.
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GM and Lockheed are taking their lunar rover project to the commercial space market
The companies plan to produce moon-roving vehicles for commercial space missions and services powered by the automaker's electric vehicle battery technology.
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GM to launch production of Chevrolet Tracker SUV in Argentina in July
(Reuters) – General Motors Co (GM) will begin production of its Chevrolet Tracker SUV in Argentina next month, the U.S. automaker and the Argentine government said Wednesday.
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WalMart expands transportation partnerships with electric, hydrogen vehicle pilots
By Tina Bellon and Siddharth Cavale (Reuters) - Retail giant Walmart (NYSE:WMT) Inc on Wednesday said it was expanding transportation pilots with manufacturers of electric, hydrogen and...
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BYD Overtakes Volkswagen as Third Most Valuable Automaker
By Michael Elkins The latest market value rankings for automakers released Tuesday showed that Tesla (NASDAQ:TSLA) continues to rank first in total value with a $740.58 billion market cap,...
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Electric Vehicles Just Got More Affordable as Demand Increases
The Chevrolet Bolt will be released at a $6,000 price cut, dropping from $31,500 to $25,600 MSRP, and will be the cheapest electric vehicle on the market at sticker value, reported Electrek....
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GM Announces Buick Brand Will Go Fully Electric by 2030
By Michael Elkins General Motors (NYSE:GM) has announced that its Buick brand will go fully electric by the end of the decade. The future electric Buicks will be marketed under the Electra...
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Self-driving cars from GM’s Cruise could soon carry paying riders in San Francisco
By Paresh Dave OAKLAND, Calif. (Reuters) – General Motors Co’s Cruise on Thursday could become the first company to secure a permit to charge for self-driving car rides in San Francisco,...
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GM to cut prices on EV Chevrolet Bolt up to 18 percent
(Reuters) – General Motors Co on Wednesday said it will sharply cut prices on its electric Chevrolet Bolt after the Detroit automaker had halted sales for six months following a battery...
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If You Invested $1,000 In General Motors When Mary Barra Became CEO, Here's How Much You'd Have Now
Automotive giant General Motors Company (NYSE: GM) has transitioned from its bankruptcy in 2009 and is now powering ahead with a transition to electric vehicles. Leading the transition is...
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Goldman Sachs Cuts Price Targets on Tesla, Ford and General Motors on Supply Chain Constraints
By Senad Karaahmetovic Goldman Sachs analyst Mark Delaney slashed price targets on Tesla (NASDAQ:TSLA) to $1,000.00 per share (from $1,200.00), General Motors (NYSE:GM) to $46.00 (from...
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This Day In Market History: General Motors Declares Bankruptcy
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On June 1, 2009, General Motors Company (NYSE: GM) filed for Chapter 11...
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Autoworker union accuses GM joint venture of denying access to organize workers
The United Auto Workers union is accusing a new General Motors joint venture of denying its access to workers to conduct a preliminary organizing vote.
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U.S. says GM Mexican plant workers’ vote shows bargaining benefits
By David Shepardson WASHINGTON (Reuters) – U.S. Trade Representative (USTR) Katherine Tai said on Friday the vote by General Motors workers at a pickup truck plant in Mexico to approve a...
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Kelley Blue Book: What GM’s idea for an EV with two charging ports says about the car market
While car makers often file wacky-sounding patents, like a fragrance system that can also dispense tear gas, this one isn't so weird.
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