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GM posts strong Q1 results but pauses buybacks and guidance due to Trump’s 25% auto tariffs.

General Motors reassesses 2025 outlook amid tariff uncertainty despite Q1 beat

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General Motors reported its first-quarter earnings on Tuesday, surpassing Wall Street's expectations. The company's adjusted earnings per share landed at $2.78 versus the expected...
General Motors, layoffs

General Motors announces temporary layoffs due to EV demand decline

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General Motors (GM) announced on Thursday that it's temporarily laying off roughly 200 workers at its flagship electric vehicle plant, Factory Zero Detroit-Hamtramck Assembly...
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.

General Motors expands its electric vision through GM Energy

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General Motors (GM) is redefining the role of electric vehicles, turning them into more than just a mode of transportation. Through GM Energy, the...
General Motors' Cruise ditches robotxis

General Motors’ Cruise ditches robotaxis to invest in driver-assistance features

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General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance features. On December 10, the automaker announced that...
General Motors

General Motors to Pay $145.8 Million Penalty for Excess Emissions in...

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In a significant regulatory crackdown, General Motors (GM) has been levied with a $145.8 million penalty following a comprehensive government investigation that discovered excess...
GM has revised its EV production target for 2024, lowering it to 200,000-250,000 units due to slower-than-expected demand growth.

General Motors adjusts EV production targets amid slower demand growth

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General Motors (GM) has revised its electric vehicle (EV) production target for 2024, lowering it from 200,000-300,000 units to 200,000-250,000 units due to slower-than-expected...
GM announced its new entry-level Cadillac Optiq electric vehicle will start at $54,000 and is expected to hit the market later this year.

General Motors unveils its $54,000 2025 Cadillac Optiq EV

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General Motors has announced that its new entry-level Cadillac Optiq electric vehicle will start at $54,000. The compact crossover, Cadillac's fourth electric vehicle, is...
General Motors posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

General Motors profits rise in Q1, 2024 earnings forecast revised

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General Motors beat analyst estimates in its first quarter earnings report, scoring a significant profit boost despite seeing a decline in year-over-year sales. The Detroit automaker...
General Motors plans to abandon its home since 1996 but will keep its headquarters in Detroit.

General Motors to move headquarters next year after almost 3 decades

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General Motors will move its headquarters from its home of nearly 30 years to the new Hudson's Detroit building located on Woodford Avenue. The move...
General Motors saw a slight sales decline during the most recent quarter, even as retail and truck sales grew from last year.

General Motors sales drop 1.5% on weakened fleet business

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General Motors saw a slight decline in sales over the first quarter driven by difficulties in its fleet business but retained its title as...