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The Latest Breaking News from General Motors

Car guy Biden to tout electric vehicles at Detroit auto show

President Joe Biden will showcase his administration’s efforts to promote electric vehicles during a visit to the Detroit auto show

The Independent UK

Chevrolet Won't Offer Buyouts To Dealers Refusing Switch To EVs

Chevrolet global vice president Scott Bell says that Buick and Cadillac dealers who choose to take buyouts could end up exclusively selling Chevrolet vehicles.

InsideEVs

Check Out What Whales Are Doing With General Motors

A whale with a lot of money to spend has taken a noticeably bearish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 11 strange trades.

Benzinga

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read the most diverse news in one place.

GM To Launch Tesla-Style Direct Sales Model In China

The dealership model worked for many years, but it may not be the best option for EV sales. This is why GM and others are considering a different approach.

InsideEVs

Toyota ranks last in race to transition to EVs: Greenpeace

Japanese car giant places last for second year running in ranking by environmental advocacy group.

Al Jazeera

Toyota ranked last among world's top vehicle manufacturers for climate performance

Toyota comes last for the second year in a row in a report from Greenpeace, which ranks the largest 10 global car makers on their climate change performance.

ABC News

EV tax credit may be out of reach for most consumers

WASHINGTON — While the climate, health care and tax law includes an overhaul for the electric-vehicle tax credit, allies and industry representatives have expressed concern that the statute may ultimately benefit too few consumers.

Tribune News Service

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EV tax credit may be out of reach for most consumers - Roll Call

The overhaul by Congress for the electric-vehicle tax credit may ultimately benefit too few consumers, allies and others say.

Roll Call

Ultium Cells Begins EV Battery Production In Ohio

Ultium Cells, the battery joint venture between General Motors and LG Energy Solution, has started production at its first plant located in Warren, Ohio.

InsideEVs

GM venture starts building battery cells at new Ohio factory

General Motors says a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits

The Independent UK

Tesla Dominating In California: First Half 2022 Vehicles Sold In Biggest State

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has been a market share leader in the EV space in many territories over the years, including the state of California.

Benzinga

GM CEO Barra Talks EV Future, Doesn't Reiterate Being No. 1 By 2025

GM's Mary Barra has been adamant about the automaker beating Tesla and becoming the EV leader by 2025. However, she didn't reiterate that in a recent interview.

InsideEVs

EXPLAINER: California EV requirements face some obstacles

California will require all new cars, trucks and SUVs sold in the state to run on electricity or hydrogen by 2035

The Independent UK

General Motors Whale Trades For August 22

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 15 strange trades.

Benzinga

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WEKU

You can get a $7,500 tax credit to buy an electric car, but it's really complicated

The Biden administration's climate and health care bill revamps the available tax credits for buyers of electric cars. Here's what to know about how they work.

InsideEVs

Report: The Fourth Ultium Cells Battery Plant Might Be Built In Indiana

A new report indicates that Ultium Cells, a joint venture between GM and LGES, might soon announce the location for its fourth battery gigafactory.

Tribune News Service

Casey Williams: Cadillac hits its stride at 120

Elvis painted his pink and purple. Betty White drove one named “Parakeet.” They’ve carried presidents, mobsters and almost everybody on their last ride. Rock and Roll would have neither rocked nor rolled without them. Some even paced Indy and raced LeMans. Now Cadillac, the 120-year-old brand that once meant the…

Motor1

GM Recalls Nearly Half-Million Large SUVs For Possible Seat Belt Issue

The recall applies to Chevrolet Suburban, GMC Yukon, and Cadillac Escalade models from 2021 and 2022 with third-row seats.

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ABC News

Elizabeth is one of Australia's most disadvantaged suburbs but its community spirit is strong

This Adelaide suburb's history is a tale of post-colonial Australia: migrants, cars, rock and roll legends and proud bogans.

The Independent UK

GM recalls 484K big SUVs to fix problem third-row seat belts

General Motors is recalling more than 484,000 large SUVs in the U.S. to fix a problem that can cause the third-row seat belts to malfunction

Benzinga

Check Out What Whales Are Doing With General Motors

A whale with a lot of money to spend has taken a noticeably bearish stance on General Motors. Looking at options history for General Motors (NYSE:GM) we detected 46 strange trades.

USAFacts

How do tax credits for electric cars work?

The Inflation Reduction Act expands eligibility for federal tax credits for electric vehicle owners

The Independent UK

General Motors plant shut down after one man dies in ‘altercation’, Michigan police say

Production paused for day amid homicide investigation

The Independent UK

Most electric vehicles won't qualify for federal tax credit

A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress

Benzinga

This Is What Whales Are Betting On General Motors

Someone with a lot of money to spend has taken a bullish stance on General Motors (NYSE:GM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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