Truck and SUV profits underpin GM's profits GM previously reported a slight fall in vehicle deliveries, roughly in line with an industry dip in the three months ending September 30. But average ...
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General Motors (GM.N), opens new tab surpassed Wall Street's expectations in the third quarter, sending its shares up 8% on Tuesday thanks to a resilient consumer demand for its trucks and SUVs.
The new strategy is expected to save upwards of $200 million over the course of the 2024 calendar year. We'll send you one email per day with the latest GM news. It's totally free.
According to The New York Times, GM will collect around $800 million in subsidies from the government for manufacturing EV batteries in the US thanks to the Biden administration’s Inflation ...
General Motors (GM) sees more electrified financials in its future. GM CFO Paul Jacobson told Yahoo Finance on Tuesday the company is eyeing $2 billion to $4 billion of additional improvements in ...
Editor's note: This article has been updated to reflect that General Motors will not be moving 100 percent of its vehicle design and development to virtual by 2025, as GM previously stated in an ...
That means GM is selling cars at higher average prices this year than it was in 2023. Its average transaction price in North America reached nearly $50,000. GM last year estimated that the strike ...
General Motors (GM) gave investors something to cheer early Tuesday morning after the automaker raised its guidance for a third time this year, in addition to easily beating third quarter revenue ...
Chaim Bloom has made his first move as he begins to take on more responsibility ahead of taking over as the president of baseball operations for the St. Louis Cardinals after the 2025 season for ...