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The Latest Breaking News from General Motors

General Motors is cutting staff in China as it eyes a restructuring in the world’s largest auto market

The American automaker is competing against Chinese EV makers that are prioritizing production over profit as they try to gain more market share.

Fortune

Why Are EV Sales 'Lagging'? Here Are Two Reasons.

Blame the decline of Tesla and the lack of the Chevrolet Bolt in our market and the sales data in aggregate starts to look bad. But the truth is more nuanced.

InsideEVs

This CFO Invested $1.1M in His Company's Stock After Earnings

CFO Paul Jacobson just made his first purchase of company stock in more than a year.

Barchart

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read the most diverse news in one place.

Honda Prologue Sales Surged Beyond Expectations In July

In July, Honda surprised us with a relatively high number of all-electric car sales in the U.S. as the newly launched Prologue model spread across the country.

InsideEVs

Is This EV Penny Stock a Buy as Tesla Supercharger Execs Join the Team?

Despite the broader EV market downturn, EVgo’s strategic hires from Tesla and GM are positioning it for significant upside. Moreover, consensus forecasts call for 28% upside.

Barchart

Senators Call For FTC Investigation Into Automakers' Data Sharing

US senators urge FTC to probe automakers sharing driving data with brokers for insurance, raising concerns over customer consent and potential premium impacts.

Top News

Workers at GM seat supplier in Missouri each tentative agreement, end strike

The union representing workers at Lear Corp.’s Missouri plant that makes seats for General Motors vehicles says it has reached a tentative agreement with the company, ending a strike that was in its fourth day

The Independent UK

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Strike at plant that makes truck seats forces production stoppage for Missouri General Motors

Production has halted at a Missouri General Motors plant that manufactures trucks and vans, the result of a strike at the company that supplies seats for the vehicles

The Independent UK

Tesla's Focus On AI And Autonomy Is Certainly Catching Up To It

Sales are down. Supercharger deployments are down. Few new models are in sight. The CEO is focused on AI and robotaxis. Who takes the EV baton now?

InsideEVs

GM 'Repeatedly Fumbles The Ball' On New Technology, Ex-Cruise CEO Says

Former Cruise boss Kyle Vogt invokes GM's EV1 in a scathing tweet about the company canceling its Origin autonomous shuttle.

InsideEVs

Strong US Sales Boost GM Results As It Slows Some EV Plans

General Motors reported higher profits Tuesday behind another round of strong North American auto sales, with executives vowing a flexible approach to electric vehicle (EV) investment while demand growth ebbs.

International Business Times

The 2025 Cadillac Lyriq Has 24% Fewer Parts Than The 2024 Model

GM CEO Mary Barra said customers won’t spot the differences. But it's key to reducing EV costs, just like Rivian and others are doing.

InsideEVs

GM’s Cruise Origin Robotaxi Is Officially Dead

The autonomous pod didn’t have a steering wheel or pedals, which led to “regulatory uncertainty.” But what will replace it?

InsideEVs

General Motors Sees 15% Profit Increase Due To High Prices

General Motors' Q2 profits surged by 15% to .9 billion, driven by high vehicle prices in the US.

Top News

GM Reports Strong Q2 Earnings Despite Price Stability

General Motors' strong Q2 performance and pricing strategies drive growth amidst market challenges.

Barchart

Stock Index Futures Tread Water as Investors Await Tesla and Alphabet Earnings

September S&P 500 E-Mini futures (ESU24) are up +0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.11% this morning as investor attention shifted from U.S. politics to a deluge of corporate earnings reports, with particular emphasis on results from “Magnificent Seven” companies Tesla and Alphabet.

The Independent UK

With US vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%

U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago

Barchart

Stock Index Futures Tread Water as Investors Await Key Tech Earnings

September S&P 500 E-Mini futures (ESU24) are down -0.03%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.19% this morning as investor attention shifted from U.S. politics to a deluge of corporate earnings reports, with particular emphasis on results from “Magnificent Seven” companies Tesla and Alphabet.

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Fortune

Inside Iconiq Growth, one of Silicon Valley’s most mysterious venture capital funds that just closed a $5.8B startup war chest

Historically press shy, Iconiq Growth is sharing details about its VC fund for the first time.

InsideEVs

Ford EV Owners Get More Time For Free Tesla Adapter Amid 'Supply Constraints'

The NACS to CCS adapter is the only one approved for the Supercharger network. But the rollout has been a bit slow.

InsideEVs

Trump Hates EVs, But Welcomes China To Build Cars In The U.S.

Former President Donald Trump and his running mate have waged a war against electric cars. Yet, Trump signaled an openness to Chinese brands.

InsideEVs

You're Being Lied To. The EV Market Hasn't 'Stalled'

Maybe I’m being unfair, but I don’t think you can call a record year a “slow down.” Given how many institutions oppose EVs, though, I'm not surprised.

InsideEVs

Ford Backs Off EV-Only Strategy In Europe By 2030: ‘It Was Too Ambitious’

EVs are still on the cards, but they’ll be joined by more hybrids. Sounds familiar?

InsideEVs

More Proof That Tariffs On China's EVs Won't Work Forever

Facing tariffs from the European Union, Chinese giant BYD is just building a factory in Turkey capable of producing up to 150,000 units annually.

InsideEVs

Hyundai Motor Group Led U.S. Non-Tesla EV Sales To New Record In Q2 2024

Non-Tesla EV sales reached a new record in Q2, as many manufacturers increased sales volume and a few ones joined the party. Let's see a comparison.

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