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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...
GM and Ford have reduced expenses and delayed investments to pursue profit growth while focusing on their primary gasoline-powered cars.

GM and Ford prioritize gasoline cars in Q1 amidst EV challenges

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The market eagerly anticipates the first-quarter results of two leading U.S. automakers, General Motors (GM) and Ford. Despite facing challenges such as a slowdown...
In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Automotive weekly roundup: Tesla layoffs, governors protest unions, Mexico refuses incentives

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Earlier this week: A leaked internal memo reveals that Tesla will lay off 10% of its global workforce after quarterly sales declined. New car...
General Motors' self-driving division, Cruise, announced that it would reintroduce operations in some areas after a recent suspension

Cruise to resume self-driving operations in Phoenix after six-month halt

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On April 9, General Motors' self-driving division, Cruise, announced that it would reintroduce operations in some areas- starting with Phoenix- after suspending them for...
Discussing EVs adoption in the U.S. on Inside Automotive with Joe McCabe, President & CEO of AutoForecast Solutions.

Industry expert warns against overreliance on EVs, advocates for consumer-driven options...

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Despite the push towards EVs, the adoption rate has been notably slower than many expected. On today's episode of Inside Automotive, we're discussing EV...
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on...

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Earlier this week: China's BYD saw sales plunge from the previous quarter amidst an economic downturn. Tesla reported disappointing sales for the first quarter, marking...
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...
GM is facing a second lawsuit for collecting driver data without their consent and sharing it with outside parties, increasing insurance rates

GM faces new lawsuit for collecting driver data without consent

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General Motors (GM) is facing a second lawsuit for collecting driver data without their consent and sharing it with outside parties, increasing insurance rates. The...
On March 12, GM announced Jens Peter "JP" Clausen, a former executive with Tesla, Lego, and Google, will succeed Gerald Johnson.

GM announces executive changes in manufacturing and software

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On March 12, General Motors (GM) announced changes in its top management. In the announcement, Jens Peter "JP" Clausen, a former executive with Tesla,...
The IIHS declared that there is no evidence that Autopilot or other assisted-driving systems improve real-world safety based on crash data.

Tesla Autopilot, 9 other assisted-driving systems receive “poor” rating from IIHS

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The U.S. Insurance Institute for Highway Safety published a report on March 12 that gave Tesla's Autopilot and Full Self-Driving technology, along with nine...