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The Latest Breaking News from General Motors

Summernats bans 120 people as 2024 entry slots 'sell out'

More than 100 trouble-makers have been struck out from the next event.

The Canberra Times

Cadillac targets expanding factory WEC effort to two cars in 2024

A WEC campaign in 2024 of an expanded two Ganassi-run Cadillac Racing entries is the “correct engineering way to do it”, according to Mark Stielow, director of motorsport competition engineering at parent company General Motors.

Autosport

Formula One faces the price of success in new Concorde talks

Formula One teams are set to start talks with the sport’s governing body and owners on a new collective agreement with wrangles over a number of thorny issues expected as the sport faces up to the price of success.

The Hindu

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GM Returning To Europe This Autumn With Multi-Brand EV Portfolio

GM did not provide details about the EV models that it plans to offer in Europe, but the Cadillac Lyriq mid-size crossover is reportedly on the launch list.

InsideEVs

Ford stands by CarPlay despite General Motors opting to leave

Ford CEO, Jim Farley, has said he's sticking with Apple CarPlay despite General Motors opting to go its own way.

iMore

Carmakers are pushing electric SUVs, but smaller is better when it comes to EVs

Electric SUVs are better than their gas counterparts for the climate, but they can be worse than compact gas burners

The Guardian - US

Going green: Nel Hydrogen to build in Michigan, work with GM

The green hydrogen company Nel announced plans Wednesday to build a massive new plant in Michigan as it works with General Motors to drive down the cost of hydrogen

The Independent UK

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GM Will Invest $200 Million In New Parts Factory For Upcoming Silverado EV

According to documents filed with the city, the new plant will consist of 1.05 million square feet of space for EV parts assembly and distribution, plus approximately 50,000 square feet for office space.

InsideEVs

Hertz Now Has 50,000 EVs In Its Fleet

In the first three months of this year, the firm generated $2 billion in revenue, an increase of 13 percent year-over-year (YOY).

InsideEVs

Stellantis to offer buyouts amid electric vehicle transition

Stellantis says it's offering buyouts to groups of white-collar and unionized employees in the U.S., as well as hourly workers in Canada

The Independent UK

The Chevy Bolt, GM's popular electric vehicle, is on its way out

General Motors CEO Mary Barra said the company would halt production on small EV at the end of the year — shifting the plant in Orion Township, Mich., to make two new electric truck models instead.

WEKU

Japan's Honda outlines global strategy for electric cars

Honda is gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year, and a bigger EV with a new platform in 2025, a year earlier than initially announced

The Independent UK

GM And Samsung SDI Announce $3 Billion Battery Cell Plant In US

GM and Samsung SDI plan to jointly operate the facility, which is expected to build nickel-rich prismatic and cylindrical cells starting from 2026.

InsideEVs

GM, Samsung plan new EV battery cell factory in US

General Motors and South Korea's Samsung SDI say they plan to invest more than $3 billion in building a new electric vehicle battery cell plant in the United States

The Independent UK

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ABC News

Army DUKWs still used daily in Kuranda more than 80 years after they were made

These amphibious war machines were built by women during WWII and used to transport troops and supplies. But these days they are more like to be found ferrying tourists around holiday hotspots.

The Conversation

Made in Australia? The electric vehicle revolution gives us a chance to revive an industry

Electric vehicle sales are surging. Australian sales doubled in 2022 to 3.8% of all new vehicle purchases, and were up 780% in the first two months of 2023 compared to a year ago.

InsideEVs

GM Confirms Full $7,500 Credit Across Entire EV Lineup Under MSRP Cap

GM announced that its customers will benefit from full $7,500 Clean Vehicle Purchase Incentive, across the entire EV lineup, under the MSRP cap.

Barchart

Ferrari Continues to Race Ahead. Is It Still a Buy?

Ferrari’s share price is up more than 25% year-to-date, more than 4x General Motors’ gains. Is it too late for investors to make money off this luxury stock?

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StockNews.com

General Motors Released Its Q1 U.S. Sales Report, Get in on the Stock NOW

Leading automaker General Motors (GM) reported solid U.S. sales in the first quarter of 2023. Furthermore, analysts seem bullish about the company’s long-term prospects as it plans to move aggressively toward EV leadership. Given its sound fundamentals and growth prospects, investors should get their hands on this top auto stock.…

InsideEVs

GM Overtakes Ford As The No. 2 Seller Of EVs In US, Trails Tesla

Tesla remains the undisputed leader in America's EV market, with the automaker expected to announce at least 180,000 deliveries for Q1 2023 in its home market.

The Independent UK

Robotaxis aim to take San Francisco on ride into the future

Two trailblazing ride-hailing services are heading toward uncharted territory as they seek regulatory approval to transport passengers around the clock throughout one of the most densely populated U.S. cities in vehicles that will have no one sitting in the driver’s seat

Chicago Sun-Times

GM takes No. 2 spot in EV sales behind Tesla, passes Ford

Strong sales of the Chevrolet Bolt pushed General Motors ahead of Ford in electric vehicle sales during the first quarter.

The Independent UK

GM passes Ford to take No. 2 spot in EV sales behind Tesla

General Motors has ridden strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race

InsideEVs

US: General Motors Plug-In Car Sales Surged In Q1 2023 To Over 20,000

GM is quickly increasing battery electric vehicle (BEV) sales, setting a new all-time quarterly record - first time above 20,000 units.

The Independent UK

About 5K GM salaried workers take buyouts, avoiding layoffs

About 5,000 white-collar workers at General Motors took the company’s buyout offers, which the automaker says is enough to avoid layoffs at this time

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