Tag: General Motors
General Motors raises yearly guidance, but felt profit pressures in Q2
General Motors saw a complicated second quarter during which its profits rose significantly but with tighter margins than the year before.
According to its quarterly...
FADA Pres. Ted Smith on direct-to-consumer sales ban, Ford’s Model e...
In June, Florida Governor Ron Desantis signed a bill banning direct-to-consumer sales (excluding Tesla) to protect franchise dealers in the state, which went into...
Electric vehicle models struggling to maintain last year’s sales pace
Registration data from Experian suggests that legacy automakers are struggling to build momentum in the electric vehicle market, despite the sizeable growth in the...
General Motors boosts quarterly sales but misses mark on electric vehicles
General Motors saw an 18.8% increase in year-over-year sales throughout the second quarter but struggled to capitalize on the increasing demand for electric vehicles.
For...
GM acquires a software startup to detect EV battery hazards like...
On June 30, General Motors said it had acquired Algolion, an Israel-based software startup that can detect potential hazards in battery cells.
The automaker disclaimed...
Two top OEM executives see strong U.S. consumer demand for new...
According to two prominent OEM executives, the demand for new vehicles from retail and commercial consumers in the U.S. is stronger than expected.
Encouraging remarks...
Weekly roundup: GM’s new EV battery plant, direct-to-consumer sales banned in...
Earlier this week: General Motors announced that it will follow Ford's lead and adopt Tesla's North American Charging Standard. Florida Governor and presidential hopeful...
GM and Samsung choose Indiana as site for new EV battery...
General Motors and Samsung SDI have agreed to build a new electric vehicle battery plant in Indiana roughly three weeks after local officials offered a generous...
Ultium-powered Chevrolet Bolt a possibility after comments from CEO Mary Barra
General Motors CEO, Mary Barra, has hinted that a third-generation Chevrolet Bolt could be in the works, despite a previous announcement that production would...
General Motors follows Ford, adopts Tesla EV charging standards
General Motors CEO Mary Barra declared that the automaker's future EVs would use Tesla's North American Charging Standards. GM plans to include the NACS connector...
