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The Latest Breaking News from General Motors

Los Angeles is in a 4-year sprint to deliver a car-free 2028 Olympics

With the Olympic torch extinguished in Paris, all eyes are turning to Los Angeles for the 2028 Olympics.

The Conversation

Industrial Policy Is Alive and Well at the Democratic National Convention

Speakers at the 2024 convention bragged about the Democratic Party's willingness to give public money to private companies.

Reason

GM cuts 1,000 software jobs in AI push

General Motors will lay off around 1,000 software workers in order for the automaker to shift its priorities towards AI.

TechRadar

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Hyundai Motor Group Smoked Ford And GM In EV Sales. It's Second Only To Tesla

Hyundai's huge EV push is paying off. The company has overtaken Ford and GM to become America's second-largest EV automaker. We're not that surprised.

InsideEVs

Stock Market Today: S&P 500 Extends Longest Win Streak Since November

The Nasdaq also extended its stretch of consecutive gains to eight as Advanced Micro Devices popped on M&A news.

Kiplinger

General Motors Lays Off 1,000 In Software, Services Division

General Motors has decided to lay off more than 1,000 salaried employees who were working in the software and services division.

International Business Times

GM And Tesla Keep Eating Ferrari's Dust

With GM skidding below its 50-day line and Tesla still in charging mode, Ferrari has raced to the top of its buy zone.

Investors Business Daily

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GM Just Laid Off Over 1,000 People

The layoffs represent 1.6 percent of the company's entire salaried workforce.

Motor1

Gas Tax Revenue Is Declining. Lawmakers Want EVs To Foot The Bill

Several states are staring a huge budgetary deficits as tax revenue from gas cars falls. Now lawmakers want EVs to foot the bill.

InsideEVs

Chevrolet Equinox EV Vs. Hyundai Ioniq 5 Compared: Range, Price, Charging

Hyundai and GM's entry-level electric SUVs, the Ioniq 5 and Chevrolet Equinox EV, offer generous tech features, a long driving range and excellent safety features.

InsideEVs

General Motors is cutting staff in China as it eyes a restructuring in the world’s largest auto market

The American automaker is competing against Chinese EV makers that are prioritizing production over profit as they try to gain more market share.

Fortune

Analysts weigh in on Lucid investment, mull GM, Stellantis

Lucid's recent cash injection by the Saudi Arabian PIF was a hot topic for analysts.

The Street

Why Are EV Sales 'Lagging'? Here Are Two Reasons.

Blame the decline of Tesla and the lack of the Chevrolet Bolt in our market and the sales data in aggregate starts to look bad. But the truth is more nuanced.

InsideEVs

Electric Car Wars: Who Will Win The Battle For The $30,000 EV?

The mass market is at stake as automakers vie for a sub-$30,000 compact SUV electric car. Who will take the prize?

Investors Business Daily

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Barchart

This CFO Invested $1.1M in His Company's Stock After Earnings

CFO Paul Jacobson just made his first purchase of company stock in more than a year.

InsideEVs

Honda Prologue Sales Surged Beyond Expectations In July

In July, Honda surprised us with a relatively high number of all-electric car sales in the U.S. as the newly launched Prologue model spread across the country.

Barchart

Is This EV Penny Stock a Buy as Tesla Supercharger Execs Join the Team?

Despite the broader EV market downturn, EVgo’s strategic hires from Tesla and GM are positioning it for significant upside. Moreover, consensus forecasts call for 28% upside.

The Street

TheStreet Auto Week: Analysts react to Tesla, GM, Ford, Stellantis earnings

The Detroit Big 3 and Tesla faced investors last week; analysts had mixed takes on each of their performances.

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Top News

Senators Call For FTC Investigation Into Automakers' Data Sharing

US senators urge FTC to probe automakers sharing driving data with brokers for insurance, raising concerns over customer consent and potential premium impacts.

The Independent UK

Workers at GM seat supplier in Missouri each tentative agreement, end strike

The union representing workers at Lear Corp.’s Missouri plant that makes seats for General Motors vehicles says it has reached a tentative agreement with the company, ending a strike that was in its fourth day

Investors Business Daily

Ford Earnings In Q2 Fall 35% As Auto Giant Continues To Expect Billions Of Dollars In Losses From EVs

Ford stock plunged on second-quarter earnings and revenue.

The Street

Elon Musk thinks Tesla can make what GM, Google can’t

The Tesla CEO is putting all of his chips on a novel technology.

The Independent UK

Strike at plant that makes truck seats forces production stoppage for Missouri General Motors

Production has halted at a Missouri General Motors plant that manufactures trucks and vans, the result of a strike at the company that supplies seats for the vehicles

InsideEVs

Tesla's Focus On AI And Autonomy Is Certainly Catching Up To It

Sales are down. Supercharger deployments are down. Few new models are in sight. The CEO is focused on AI and robotaxis. Who takes the EV baton now?

InsideEVs

GM 'Repeatedly Fumbles The Ball' On New Technology, Ex-Cruise CEO Says

Former Cruise boss Kyle Vogt invokes GM's EV1 in a scathing tweet about the company canceling its Origin autonomous shuttle.

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