U.S. EV sales hit 1.2 million in 2023, Tesla remains market leader
According to estimates from Kelley Blue Book, a subsidiary of Cox Automotive, a record high of 1.2 million American car buyers opted for electric vehicles last year. This marks a...
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
General Motors
Cruise offers $75,000 to settle California agency probe
On January 5, General Motors' Cruise robotaxi division proposed a settlement of $75,000 to resolve an inquiry made by a California regulator regarding the company's failure to disclose information about...
Car manufacturers report impressive sales gains for 2023, GM tops list
Domestic and import car manufacturers jostled for market share throughout 2023 but made overwhelming progress in year-over-year sales as production, affordability, and demand normalized.
General Motors recorded a sales increase of...
GM offers $7,500 discount for EVs that lost tax credit eligibility
Despite the government stripping General Motors of crucial electric vehicle tax credits, the automaker announced it would provide $7,500 incentives for its EVs. At the same time, Ford plans to...
GM sues San Francisco over $108 million tax bill linked to Cruise division
General Motors filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period.
According to GM, San Francisco linked its tax bill to a percentage...
These vehicles will no longer be eligible for EV tax credits starting Jan. 1
The automotive industry now knows more about which vehicles will and won't be eligible for the electric vehicle tax credits starting on January 1, 2024, due to the finalization of...
Almost half of U.S. Buick dealers choose buyout program in light of EV push
Through an ongoing voluntary buyout program, General Motors has nearly halved the size of its Buick dealership network in the United States.
According to Duncan Aldred, global president of GM's Buick...
Researchers slash electric vehicle sales forecasts for 2024
While electric vehicle sales are still on track to grow in 2024, analysts have grown more cautious toward the segment following a disappointing year of unexpectedly timid demand and disillusionment...
GM to layoff 1,300 workers in Michigan early next year
Starting early next year, General Motors intends to lay off approximately 1,300 workers in Michigan due to ending production of specific vehicle models.
On Dec. 14, the Detroit automaker filed a...
Cruise fires 9 leaders, lays off 900 employees amidst safety probes
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional 900 employees as it faces investigations...
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