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The Latest Breaking News from General Motors

Ford's CEO doubles down on tech its competitor abandoned

The blue oval's figurehead takes a stand on a convenient piece of tech.

The Street

What's At Stake If America Backs Off In The EV Race

Between the NACS revolution and the election, 2024 could be a "wait and see" year for EV adoption and development.

InsideEVs

Pilot Travel Centers, GM And EVgo Launch Full-Blown EV Charging Stations

Pilot Travel Centers, General Motors and EVgo jointly announced the opening of the first batch of 17 locations of their new national EV fast charging network.

InsideEVs

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read the most diverse news in one place.

'Work less and work better, this is the principle': Lamborghini makes history by agreeing to a 4-day workweek for its production workers

The four-day workweek at Lamborghini will ultimately save production workers between 22 and 31 working days per year.

Fortune

Rivian Stock 2030 Forecast: Can RIVN Make It Big in the EV Industry?

Startup EV companies have fallen out of favor with investors amid concerns over demand and margin compression. However, the long-term forecast for Amazon-backed RIVN looks positive, and it might join the ranks of major EV producers by 2030.

Barchart

11 Beat-Up Big Stocks (Like GM) Are Worth More Dead Than Alive

It's no secret famed investor Warren Buffett sold off all his General Motor stock. But it's just one S&P 500 stock that worth more dead than alive.

Investors Business Daily

Driverless cars were the future but now the truth is out: they’re on the road to nowhere

The dream of these vehicles ruling the roads remains just that. Focusing on public transport would be much smarter, says transport writer Christian Wolmar

The Guardian - UK

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Safety regulators investigating after Takata air bag inflator in BMW blows apart, injuring driver in Chicago

The National Highway Traffic Safety Administration says BMW is recalling 486 SUVs after the driver was seriously on Oct. 23. BMW blamed a welding defect and said it is limited to a small lot of inflators.

Chicago Sun-Times

GM's Cruise robotaxi service faces potential fine in alleged cover-up of San Francisco accident

California regulators say a San Francisco robotaxi service owned by General Motors covered up an accident involving one of its driverless cars, raising the specter they may add a fine to the recent suspension of its California license

The Independent UK

US agency to watch unrecalled Takata inflators after one blows apart, injuring a driver in Chicago

U.S. auto safety regulators say they are monitoring data from a group of mostly unrecalled Takata air bag inflators after one of them exploded in a BMW and hurled metal fragments that seriously injured a driver in Chicago

The Independent UK

BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

BMW is recalling a small number of SUVs in the U.S. because the driver’s air bag inflators can blow apart in a crash, hurling metal shrapnel and possibly injuring or killing people

The Independent UK

GM CEO Expects ‘Significantly Higher’ EV Production In 2024

Mary Barra said the company was “a bit disappointed” because of the manufacturing restraints in building EV battery cells.

InsideEVs

Ford slides after new profit forecast, UAW strike-cost tally

Ford pegged the cost of the six-week UAW strikes at $1.7 billion, more than rival GM's $1.1 billion estimate, while issuing an updated 2023 profit forecast.

The Street

Jackson Pollock? No, this art was made by a car

It's mudern art, darling.

Creative Bloq

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Barchart

Ford Stock 2024 Forecast: Will Investors' Patience Finally Pay Off?

Ford stock looks on track to close in the red for the second consecutive year. Here's the 2024 forecast for the Detroit automaker, and why it looks like a good buy.

Investors Business Daily

Stocks Mostly Succumb To Losses; 2 Insurance Stocks Tank On Deal News

The stock market struggled with the major indexes giving back gains on Wednesday. CrowdStrike rallied after a robust earnings report.

InsideEVs

Hyundai Motor Will Halt One Of Its ICE Vehicle Factories To Build A New EV Plant

Other manufacturers claim their EV sales are slow due to weak demand. So how come Hyundai is charging ahead?

International Business Times

With Auto Strike Over, GM Announces Big Share Buybacks

General Motors announced hefty new initiatives Wednesday to return billions of dollars to shareholders, lifting its stock price as it estimated the recent labor strike hit at $1.1 billion.

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Investors Business Daily

GM Stock Soars, Leads S&P 500 On 33% Dividend Hike, $10 Billion Buyback, Renewed Guidance

GM stock rallied Wednesday after the automaker announced big shareholder returns and reinstated 2023 earnings guidance following labor strikes.

Investors Business Daily

Dow Jones Rises After Strong GDP, Fed Beige Book Next; GM Surges On Buyback, Dividend Hike

The Dow Jones rose Wednesday after a strong Q3 GDP reading, with the Fed's Beige Book next. GM surged on a buyback and dividend hike.

The Street

General Motors surges on dividend boost, $10 billion buyback, new profit outlook

General Motors said the six-week UAW strike would likely take $1.1 billion from its bottom line this year, but vowed to boost shareholder returns following its October settlement.

The Street

Ford dealers give Tesla and other EV makers an early holiday gift

Ford dealers have bad news for the Dearborn, Mich., company's EV program.

The Street

General Motors is making an unexpected move for the upcoming Super Bowl

The longtime advertiser is doing something different for the championship game.

Motor1

General Motors Kills Super Bowl Advertising For 2024

It's the first time the automaker won't play with the Big Game since 2021.

InsideEVs

Hyundai Motor Group Surprisingly Beat GM, Ford At EV Sales In Q3 2023

The Hyundai Motor Group has become the number one in terms of all-electric car sales in the U.S. among traditional carmakers, but Tesla remains far ahead.

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