Barra stated GM is "raising our calendar year 2025 guidance to EBIT-adjusted of $12 billion to $13 billion, EPS diluted adjusted of $9.75 to $10.50 per share and adjusted automotive free cash flow of ...
General Motors Co. said it would take a $1.6 billion charge and pull back on planned electric-vehicle investments after the federal government scrapped a key tax credit. The company said $1.2 billion ...
GM's $1.6 billion charge linked to EV capacity adjustments GM may incur further charges due to capacity reassessment Automaker expects EV adoption to slow Oct 14 (Reuters) - General Motors (GM.N), ...
John Murphy, a managing director of strategic advisory at Haig Partners, joined WSJ’s Take On the Week to break down the massive shifts under way in the auto industry. Photo: WSJ Photo: WSJ In a ...
(Reuters) -General Motors said on Tuesday it would take a $1.6 billion charge in the third quarter as it reshapes its electric vehicle strategy following the scrapping of a key federal incentive that ...
General Motors Co. is scrapping plans for a factory in Detroit as part of a broader decision to end development of hydrogen fuel cells for everyday drivers, the automaker said Friday. Salaried workers ...
GM has unveiled the new version of the Chevy Bolt, its popular, affordable EV with an upgraded battery and an otherwise very similar package to its last iteration, and we’re on the scene at a special ...
After the $7,500 federal tax credit for electric vehicles expired at the end of September, GM was among the automakers planning to extend the incentive through leasing. That will no longer be the case ...
The new 2027 Bolt is set to make its public debut before the end of the year, but the wait has effectively been cut short. A completely undisguised prototype was spotted and photographed by Instagram ...
The automakers are working with dealers to apply a discount to leased EVs through the rest of the year. The automakers are working with dealers to apply a discount to leased EVs through the rest of ...
GM sold over 65,000 electric vehicles in the third quarter. Gas-powered SUVs and crossovers also set records in the quarter, particularly redesigned models. GM sold 710,347 vehicles in the quarter ...
A safety scare has forced GM into an uncomfortable spotlight, with thousands of Corvettes temporarily sidelined while engineers worked on a fix. The issue affects 2023–2025 Corvette Z06s and 2025–2026 ...