The Latest Breaking News from GM

Someone with a lot of money to spend has taken a bearish stance on General Motors (NYSE:GM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

This is the second time this year that GMC has had to come up with a fix to stop water seeping into Hummer EV battery packs.

CEO Mary Barra said GM is holding to its full-year profit guidance "despite a challenging environment because demand continues to be strong and we are actively managing the headwinds we face."

Stocks futures edge lower with Tech earnings on tap; Microsoft nudges higher ahead of Q1 update after the bell; General Motors declares dividend ahead of Q3 report; General Electric earnings on deck with split plans in focus and Adidas reportedly prepared to cut ties with Kanye West.

New York (AFP) - The US consumer's love for enormous vehicles has been seen by outsiders as a curiosity and sometimes a sign of profligacy.

GM earnings solidly beat while General Motors slightly missed on revenue. GM stock rose along with Ford stock.

GM offered each of its North American EV dealers 10 charging stations to install in communities with a focus on underserved rural and urban areas.

Plans have been announced to boost prospects in areas outside of south Manchester

While 75 percent of Hummer EV pickup reservations are new to the GMC brand, the Sierra EV will appeal more to brand loyalists, GMC boss Duncan Aldred believes.