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 reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
Also of note, the automaker managed to stop the bleeding in its operations in China during the fourth quarter, posting $17 ...
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 ...
GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United ...
GM just crushed its earnings report, so why are investors fleeing?
Despite surpassing Wall Street expectations in its most recent earnings report, GM’s stock tumbled amid investor concerns ...
New car average transaction prices flirt with record highs and GM, Ford EV sales soar
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall ...
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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 ...
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 Tesla’s top battery supplier in its early days.
GM job salaried cuts continue, could run through February, in new performance evaluations
Some GM salaried workers are being let go as the company continues to use a new evaluation program that weeds out poor ...
GM reports record operating profit on strong car line-up
GM sold its vehicles at less of a discount than its competitors, with consumer incentives comprising a smaller share of the average transaction price than the industry mean, the company said. US ...
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GM Starts Production Of The All-New 2025 Chevy Optra
GM started regular production of the all-new 2025 Chevy Optra sedan in Egypt, addressing the country’s growing demand for ...
Jim Cramer Calls General Motors (GM) Selloff ‘Ridiculous, Ridiculous, Ridiculous’
In his appearance on CNBC’s Squawk on the Street aired before the day of the Federal Reserve’s latest interest rate ...