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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...
General Motors is working with the federal government and select business partners to launch heavy-duty hydrogen trucks in the U.S.

General Motors to deploy hydrogen fuel-cell trucks at U.S. worksites

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General Motors and the Department of Energy are investing a combined $65 million to deploy hydrogen fuel-cell work trucks across the U.S. The new trucks,...
General Motors, Magna, and Wipro are partnering to launch an automotive software marketplace called SDVerse.

General Motors prepares to launch ‘SDVerse’ automotive software marketplace

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General Motors is partnering with auto supplier Magna and consultancy firm Wipro Limited to launch a virtual marketplace called SDVerse for buyers and sellers...
General Motors plans to bring new hybrids to the U.S. market, reversing course after saying it would only build fully-electric vehicles.

General Motors cancels EV-only strategy, will make hybrids for U.S. market

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General Motors is joining other automakers in prioritizing hybrid production as the car industry looks to balance stringent emissions requirements with slower-than-expected electric vehicle...
CEO Mary Barra said, "Safety remains the top priority as Cruise demonstrates what autonomous vehicles can provide to society."

General Motors faces scrutiny over Cruise autonomous van

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Following a month-long incident wherein the California Department of Motor Vehicles (DMV) withdrew autonomous vehicle firm Cruise's robotaxi permits and suspended all operations, company...