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The Latest Breaking News from General Motors

Department of Energy finalizes $2.5 billion loan to GM battery joint venture

WASHINGTON — The U.S. Department of Energy has finalized a $2.5 billion loan to Ultium Cells LLC, the EV battery joint venture between General Motors Co. and South Korean battery company LG Energy Solution, officials said Monday.

Tribune News Service

GM joint venture gets $2.5B loan to build battery plants

A joint venture between General Motors and South Korean battery company LG Energy Solution has closed on a $2.5 billion federal loan to help finance three lithium-ion battery cell plants in Ohio, Tennessee, and Michigan

The Independent UK

GM Rumored To Consider Escalade, Camaro EV Sub-Brands

Both the Escalade and Camaro sub-brands would have their own distinctive lineups of EVs, including SUVs, crossovers, sports cars and even a minivan.

InsideEVs

From analysis to the latest developments in health,
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GM Launches Its Dealer Community Charging Program With Flo

General Motors has teamed with Flo to launch its Dealer Community Charging Program which places 19.2-kW AC charging stations in strategic locations.

InsideEVs

BrightDrop Zevo 600 Enters Production In Canada, Finds First Buyer

Scaled production is expected to begin with the Zevo 600 in January 2023 and Zevo 400 in late 2023; GM expects to make 50,000 vans yearly at the plant by 2025.

InsideEVs

GM venture to invest additional $275M at Tennessee plant

A joint venture between General Motors and South Korean battery company LG Energy Solution says it will invest an additional $275 million to expand a Tennessee battery cell factory for electric vehicles

The Independent UK

Reform candidates lead in UAW races with 56% of vote counted

Members of the United Auto Workers union appear to favor replacing many of their current leaders in an election that stemmed from a federal bribery and embezzlement scandal involving former union officials

The Independent UK

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Is Now a Good Time to Add General Motors Stock to Your Portfolio?

Despite macroeconomic headwinds, prominent car maker company General Motors (GM) reported strong third-quarter results. Moreover, the company intends to capitalize on the growing EV demand by rapidly growing its EV portfolio. So, is it a good time to add GM to your portfolio? Let’s find out….

StockNews.com

GM Targeting $50 Billion In EV Revenue By 2025

General Motors believes it will make $50 billion in annual EV revenue by 2025.

InsideEVs

GM CEO, Brands Stopped Tweeting After Elon Musk Took Over

Meanwhile, Volkswagen Group brands have halted all paid activities on Twitter until further notice, with Audi taking the extra step to stop organic activities.

InsideEVs

LinkedIn's CEO says skills are replacing a college degree in this job market

Ryan Roslansky joins the CEOs of General Motors, IBM, and Accenture in putting the emphasis on skills, not pedigree, when hiring.

Fortune

Chevrolet FNR-XE Electric Sedan Concept Breaks Cover In China

Chevrolet says the Ultium-based design study previews its new generation of electric intelligent connected vehicles custom developed for the Chinese market.

InsideEVs

GM Expands Manufacturing Capacity For EV Drive Unit Castings In Indiana

GM announced a $45 million investment at its Bedford, Indiana aluminum die casting foundry to expand the production capacity of EV drive unit castings.

InsideEVs

GM Exec Explains Why Chevy Colorado And GMC Canyon Have Only One Engine Option

The 2.8-liter diesel is no longer available.

Motor1

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Motor1

General Motors Will Stick With Internal Combustion Engines Amid EV Expansion

The automaker won't abandon the traditional vehicle segments.

InsideEVs

General Motors Repairs Tesla EVs As Part Of New, Growing Business

GM repairing Tesla's EVs could be a win on many fronts. Tesla owners will have more repair options and GM's dealers will learn more about fixing EVs.

The Independent UK

GM CEO Barra says electric vehicles to be profitable by 2025

General Motors expects its portfolio of electric vehicles to turn a profit in North America by 2025

Motorsport

2022 a year of 'what could have been' for Corvette in WEC

Corvette Racing was left to wonder if the final outcome of the 2022 FIA World Endurance Championship would have been different if it wasn’t taken out by an LMP2 car at the Le Mans 24 Hours.

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Autosport

Tandy: 2022 a year of "what could have been" for Corvette in WEC

Nick Tandy says Corvette Racing's 2022 World Endurance Championship campaign could have been very different without being taken out by an LMP2 car at the Le Mans 24 Hours.

InsideEVs

General Motors To Announce Its EV Business Will Be Profitable Come 2025

The announcement will reportedly be made by GM CEO Marry Barra on November 17, along with other electric vehicle-related plans and expectations.

The Independent UK

GM recalls 340K big SUVs; daytime running lights can stay on

General Motors is recalling nearly 340,000 big SUVs in the U.S. because their daytime running lights may not shut off when the regular headlights are on

StockNews.com

Is Now a Good Time to Catch a Ride on General Motors Stock?

General Motors (GM) delivered solid revenue and earnings growth in the third quarter. The company expects its strong business momentum to continue this year despite the lingering supply chain issues and high raw material costs. With many expecting a recession next year, will it be wise to invest in GM…

Benzinga

Check Out What Whales Are Doing With General Motors

A whale with a lot of money to spend has taken a noticeably bullish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 10 strange trades.

Tribune News Service

General Mills pauses its advertising on Twitter

As prominent advertisers and users warily watch what will become of Twitter under new owner Elon Musk, General Mills joined the list of corporations taking a break from advertising on it.

Motor1

Honda Values GM Partnership, Will Collaborate On Future Low-Cost EVs

The Ultium-based Prologue SUV will get a cheaper, Honda/GM-designed sibling by the end of the decade.

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