Three auctions just wrapped up in Paris, timed with the annual Rétromobile classic car show. For American auction-watchers, ...
GM sold vehicles at an average price of $50,000 U.S. for the year, and executives see a 1 per cent to 1.5 per cent drop in North American pricing power and a modest decline in gas-powered vehicle ...
For this year, the automaker, which produces the Chevrolet, Buick, GMC and Cadillac brands, has ambitions to build on that EV profitability, CEO Mary Barra said in a note to shareholders.
Last year, GM paid roughly 45,000 workers up to $12,250. United Auto Workers Vice President Mike Booth said in a letter to members the payments would be distributed on Feb. 28. The payouts will ...
General Motors Co.'s net income of $6 billion last year was down 41% from 2023 after the automaker lost $3 billion in the fourth quarter when it took charges of $5 billion for changes to its joint ...
General Motors reported a record adjusted net income for 2024 on Tuesday, just a year after the costly strike by the United Auto Workers union, and said it expects even better operating results in ...
General Motors (GM) continued its strong run of quarterly performance last year, with full-year profit that came in at the high end of its range and upbeat forward guidance. But challenges remain ...
GM and Hyundai have announced a new deal to cooperate in a joint vehicle parts purchasing plan. In addition, Hyundai has stated that it will coordinate with GM in the areas of commercial and ...
GM posts strong results, better outlook for 2025 than expected Shares slump as tariffs become likely Automaker has brought inventory in early due to tariff threats GM sold 2.7 mln vehicles in 2024 ...
In 2024, GM’s EV sales surged 50% to 114,432, its highest ever aided by the new Equinox EV, a Tesla Model Y fighter. That made it one of the fastest-growing players in the electric space.
General Motors continues to thin its ranks under a new evaluation program that looks to let go of poor-performing salaried workers, according to two sources familiar with the company's plans.