General Motors Co.’s leader said demand for expensive trucks remains robust, enabling the company to fund a blitz in electric vehicles that begins this year.
February 17, 2023Business, Technology
GM’s Strong Truck Sales Are Funding EV Sales Blitz, Barra Says
Government, Business, Technology, Safety, Autonomous
GM’s Self-Driving Expansion Faces Challenges in San Francisco
General Motors-owned Cruise is working to expand its paid service to all of San Francisco and run it 24 hours a day.
February 3, 2023Business, Technology, Equipment
GM Tops Rival Automakers in Car Sales as Supply Crunch Eases
General Motors Co. made big sales gains in the third quarter in a sign the semiconductor shortage is easing, but the relief may arrive for automakers just as consumers get squeezed by rising interest rates and concerns about the economy.
October 4, 2022Business, Technology, Equipment, Fuel, TCA
Hertz to Order Up to 175,000 EVs From GM
The Hertz Corp. is planning to order up to 175,000 electric vehicles from General Motors Co. over the next five years for its rental fleet, the companies said Sept. 20.
September 21, 2022Business, Technology, Fuel
GM Bets on EVs for the Masses With $30,000 SUV
GM expects to make the electric model of its popular Chevrolet Equinox SUV available for sale in about a year with a $30,000 price tag.
September 8, 2022Government, Business, Technology, Equipment, Fuel
GM Venture Starts Building Battery Cells at New Ohio Factory
DETROIT — General Motors said Aug. 31 that a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.
August 31, 2022Government, Business, Fuel
DOE Lends $2.5 Billion to GM Venture for EV Batteries
WASHINGTON — A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.
July 26, 2022Business, Technology, Equipment
GM Misses Profit Estimates as Chip Shortage Crimps Output
General Motors Co. reported weaker second-quarter profit than analysts’ estimates as semiconductor shortages kept production volumes in check. The automaker also warned it is bracing for tougher times ahead.
July 26, 2022Business, Fuel
With Blazer EV, GM Now Has a Rival to Tesla’s Model Y
General Motors Co. will start selling a battery-powered Chevrolet Blazer next year, giving it a direct competitor to Tesla Inc.’s Model Y, the nation’s best-selling electric SUV.
July 19, 2022Business, Technology, Equipment, Fuel
GM’s Mary Barra Stands By Ambitious EV Pledge
NEW YORK — The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader.
July 18, 2022