General Motors
- All
- News
- Videos
-
General Motors Reports $7.1 Billion One Time Earnings Hit Amid Electric Vehicle Strategy Shift
GM's profit warning also comes on the heels of a Ford announcement December 15 that it will write off about $19.5 billion over several years amid the shifting policy outlook.
-
Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
-
US Auto Union Welcomes "Some Use Of Tariffs" On Auto Manufacturing
The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while rejecting use of the levies for "political games."
-
"What I Should Do Next?": General Motors' Employee After Being Laid Off Via Email At 5 am
Adam Bernard, who served as Associate Director of Competitor Intelligence, shared his reaction in a LinkedIn post
-
Tesla Cybertruck With Higher Price Tag, Lower Driving Range Arrives Two Years Behind Schedule
Tesla Cybertruck pickup was delivered to customers earlier this week, arriving two years behind schedule. The new pickup offers a lower driving range compared to the figures promised by CEO Elon Musk, but comes with a much higher price tag. The Cybertruck will face competition from Ford's F150 Lightning, Rivian Automotive's R1T and General Motors' ...
-
Ford, General Motors Lay Off 500 US Auto Workers Due To Strike
Ford and General Motors said around 500 more workers have been temporarily laid off due to "knock-on effects" from the ongoing strike at Detroit's "Big Three" automakers.
-
JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India
India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.
-
Tesla Faces Challenge as Rivals Decide to Form Electric Vehicle Charging Firm
A group of major automakers on Wednesday said they were forming a new company to provide electric vehicle charging in the United States in a challenge to Tesla and a bid to take advantage of Biden administration subsidies. The group includes General Motors, Stellantis, Hyundai Motor and its Kia affiliate, Honda, BMW and Mercedes Benz.
-
Volkswagen in Talks With Tesla to Adopt Its EV Charging Standard, Following Ford and General Motors
Volkswagen is in talks with Tesla to adopt its North American Charging Standard (NACS) technology. Other automakers including Ford, General Motors and ChargePoint are adopting Tesla's charging design on concerns of losing out on customers if they offer only the Combined Charging System (CCS) design.
-
Rivian Adopts Tesla’s EV Charging Standard, Joining Ford and General Motors
Rivian said it has agreed to adopt Tesla's charging standard. This would give customers access to the biggest US charging network and adding momentum to Tesla's bid to set the industry standard. Rivian's customers will be able to access 12,000 Tesla Superchargers with adapters in the United States and Canada as early as spring 2024, the company sai...
-
ChatGPT May Soon Start Taking Voice Commands in Mercedes-Benz
Mercedes-Benz on Thursday said US drivers could power some of their luxury vehicles with ChatGPT in a test program starting June 16. Compatible with some 900,000 vehicles that have the automaker's "MBUX" systems, ChatGPT will download over the air after drivers opt in via a Mercedes app or by voice command, the company said. The test will last thre...
-
EV Charger Makers Guardedly Look to Adopt Tesla Standard
Electric vehicle charging companies are cautiously embracing Tesla's charging technology as the main US standard, mere days after Ford and GM said they were adopting it, but questions remained about how any interoperability would work. The rare agreements between Tesla and each of the two US automakers, who among them control more than 60 percent o...
-
General Motors Adopts Tesla's Charging Plug, Giving GM EV Owners Access to Supercharger Network
General Motors on Thursday announced that it was adopting Tesla's North American charging system as part of a new agreement that will allow GM EV owners to access Tesla's Supercharger network. The decision to adopt Tesla's technology was announced by GM CEO Mary Barra and Tesla chief Elon Musk in a Twitter Spaces event.
-
Apple Supplier Foxconn Says AI Applications Will Drive Demand for Its Server Business
Apple supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes.
-
Used EV Sales Rise in the US Amid Fall in Prices: Report
Used electric vehicle sales in the United States rose 32 percent in the first three months of 2023 as prices fell, data provider Cox Automotive said on Friday. The group said the average retail listing prices for used EVs was around $43,400 (nearly Rs. 35 lakh), down 4 percent from the same quarter last year and significantly below the average new...
-
General Motors Reports $7.1 Billion One Time Earnings Hit Amid Electric Vehicle Strategy Shift
GM's profit warning also comes on the heels of a Ford announcement December 15 that it will write off about $19.5 billion over several years amid the shifting policy outlook.
-
Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
-
US Auto Union Welcomes "Some Use Of Tariffs" On Auto Manufacturing
The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while rejecting use of the levies for "political games."
-
"What I Should Do Next?": General Motors' Employee After Being Laid Off Via Email At 5 am
Adam Bernard, who served as Associate Director of Competitor Intelligence, shared his reaction in a LinkedIn post
-
Tesla Cybertruck With Higher Price Tag, Lower Driving Range Arrives Two Years Behind Schedule
Tesla Cybertruck pickup was delivered to customers earlier this week, arriving two years behind schedule. The new pickup offers a lower driving range compared to the figures promised by CEO Elon Musk, but comes with a much higher price tag. The Cybertruck will face competition from Ford's F150 Lightning, Rivian Automotive's R1T and General Motors' ...
-
Ford, General Motors Lay Off 500 US Auto Workers Due To Strike
Ford and General Motors said around 500 more workers have been temporarily laid off due to "knock-on effects" from the ongoing strike at Detroit's "Big Three" automakers.
-
JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India
India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.
-
Tesla Faces Challenge as Rivals Decide to Form Electric Vehicle Charging Firm
A group of major automakers on Wednesday said they were forming a new company to provide electric vehicle charging in the United States in a challenge to Tesla and a bid to take advantage of Biden administration subsidies. The group includes General Motors, Stellantis, Hyundai Motor and its Kia affiliate, Honda, BMW and Mercedes Benz.
-
Volkswagen in Talks With Tesla to Adopt Its EV Charging Standard, Following Ford and General Motors
Volkswagen is in talks with Tesla to adopt its North American Charging Standard (NACS) technology. Other automakers including Ford, General Motors and ChargePoint are adopting Tesla's charging design on concerns of losing out on customers if they offer only the Combined Charging System (CCS) design.
-
Rivian Adopts Tesla’s EV Charging Standard, Joining Ford and General Motors
Rivian said it has agreed to adopt Tesla's charging standard. This would give customers access to the biggest US charging network and adding momentum to Tesla's bid to set the industry standard. Rivian's customers will be able to access 12,000 Tesla Superchargers with adapters in the United States and Canada as early as spring 2024, the company sai...
-
ChatGPT May Soon Start Taking Voice Commands in Mercedes-Benz
Mercedes-Benz on Thursday said US drivers could power some of their luxury vehicles with ChatGPT in a test program starting June 16. Compatible with some 900,000 vehicles that have the automaker's "MBUX" systems, ChatGPT will download over the air after drivers opt in via a Mercedes app or by voice command, the company said. The test will last thre...
-
EV Charger Makers Guardedly Look to Adopt Tesla Standard
Electric vehicle charging companies are cautiously embracing Tesla's charging technology as the main US standard, mere days after Ford and GM said they were adopting it, but questions remained about how any interoperability would work. The rare agreements between Tesla and each of the two US automakers, who among them control more than 60 percent o...
-
General Motors Adopts Tesla's Charging Plug, Giving GM EV Owners Access to Supercharger Network
General Motors on Thursday announced that it was adopting Tesla's North American charging system as part of a new agreement that will allow GM EV owners to access Tesla's Supercharger network. The decision to adopt Tesla's technology was announced by GM CEO Mary Barra and Tesla chief Elon Musk in a Twitter Spaces event.
-
Apple Supplier Foxconn Says AI Applications Will Drive Demand for Its Server Business
Apple supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes.
-
Used EV Sales Rise in the US Amid Fall in Prices: Report
Used electric vehicle sales in the United States rose 32 percent in the first three months of 2023 as prices fell, data provider Cox Automotive said on Friday. The group said the average retail listing prices for used EVs was around $43,400 (nearly Rs. 35 lakh), down 4 percent from the same quarter last year and significantly below the average new...
