General Motors
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General Motors to recall about 2,890 Chevrolet Equinox EV vehicles due to concerns about ACC
Jan 23, 2025The National Highway Traffic Safety Administration said on Wednesday that General Motors is recalling about 2,890 Chevrolet Equinox EV vehicles due to concerns about their adaptive cruise control. The recall affects certain 2025 Chevrolet Equinox EV... -
General Motors to lay off nearly 1,000 workers worldwide
Nov 17, 2024General Motors is laying off nearly 1,000 workers worldwide, mostly in the U.S., as it looks to streamline operations, a source told Reuters on Friday. GM confirmed in a statement it had made job cuts but... -
General Motors and Ford likely have a tough time convincing investors
Oct 22, 2024General Motors and Ford Motor will likely have a tough time convincing investors when they report results that Detroit’s pricing power for gasoline cars is still strong and losses from their EV ventures are dwindling. GM... -
General Motors is eyeing further North American investments in lithium to build electric vehicles
Oct 21, 2024General Motors is eyeing further North American investments in lithium and other critical minerals used to build electric vehicles after boosting its investment in a Nevada mine to nearly $1 billion earlier this week, an executive... -
Canadian labor union Unifor reached a tentative agreement with General Motors
Sep 19, 2024Canadian labor union Unifor said on Wednesday it has reached a tentative agreement with General Motors for workers at automakers’ plant in Ingersoll, Ontario. Both parties had extended a deadline late on Tuesday for reaching a... -
General Motors’ factory in Ecuador will shutter production on Friday
Sep 3, 2024General Motors’ factory in Ecuador will shutter production on Friday amid pressure from local competitors, but will still sell vehicles in the Andean country. The Cadillac and Chevrolet maker said in April it would close its... -
General Motors changes the way it rates the performance of its salaried employees in the US
Aug 2, 2024General Motors is changing the way it rates the performance of its salaried employees in the U.S. in a move to better reward high-performers and put pressure on low-performers to improve or leave. According to an... -
GM fined $146 mn for lowballing vehicle emissions
Jul 5, 2024Federal officials said on Wednesday that General Motors will forfeit around $146 million for underestimating the pollutants created by its cars. After it was discovered that 5.9 million cars released more pollutants than had been declared,... -
General Motors posted quarterly results that topped Wall Street targets and raised its annual forecast
Apr 24, 2024General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 5%.The Michigan automaker upped its adjusted pre-tax... -
Cadillac Lyriq again eligible for a U.S. $7,500 electric vehicle tax credit
Feb 22, 2024General Motors on Wednesday the automaker’s Cadillac Lyriq is again eligible for a U.S. $7,500 electric vehicle tax credit after a battery sourcing change to address two minor components. New U.S. Treasury battery sourcing rules took...
