GM dealer Rick Hendrick pays $3.7M to own Corvette ZR1, the fastest car in US
NASCAR legend and GM dealer Rick Hendrick bought the first ZR1. While it rounds out his massive Corvette collection, that's ...
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Cruise Robotaxis Are Dead, But Their Tech Will Live On in GM Cars You Can Buy
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
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GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
Tariffs on imports from Canada and Mexico, which provide parts to GM’s US plants, could badly disrupt the automaker’s supply ...
Crain's Detroit14h
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
Even car companies that emphasize US production could feel the impact of Trump's tariffs — including Tesla
Car manufacturers that have a heavy presence in the US, such as Tesla, Rivian, and Ford, will still feel the impacts of Trump ...
Tariffs loom, but US automakers began making cars in Canada, Mexico in early 1900s
In 1965, the Canada–United States Automotive Products Agreement was enacted, a precursor to NAFTA that removed tariffs ...
General Motors Cannot Pass All Tariffs Costs Onto Customers
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
electrive7d
GM minimises losses from electric cars
According to the recently published annual report, General Motors is making progress with the cost structure of its electric ...