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The Latest Breaking News from Mary Barra

GM Changes Its Mind, PHEVs Are Back On The Table

The automaker sees hybrids as an interim solution for lowering its emissions.

Motor1

GM Dealers Say Drivers Want More Hybrids, Which GM Isn't Making (Update: Yes They Are)

Today on Critical Materials: GM dealers want more hybrids, Ford battery plant eyed for regulator probe, and NHTSA gets complaint over Tesla Autopilot recall.

InsideEVs

General Motors Eyes Strong 2024 As Earnings Top Estimates

General Motors reported higher quarterly profits Tuesday thanks to continued robust vehicle pricing amid strong North American demand, offsetting the hit from a labor strike.

International Business Times

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General Motors Spikes To Buy Zone On Earnings, Outlook

General Motors stock entered a buy zone early Tuesday after its earnings, outlook came in ahead of Wall Street forecasts.

Investors Business Daily

G.M. To Lay Off 1,300 Michigan Workers Despite $824 Million in State Incentives

The bulk of the employees may be able to find work elsewhere within the company, but the state could still be on the hook for the promised cash.

Reason

GM Faces Another Challenge As EV Output Stalls: Investors

GM had a very tough year on the electric and autonomous vehicle front. That certainly didn't help its stock price.

InsideEVs

GM to 'rip off the Band Aid and significantly cut costs' by laying off 1,300 workers amid its transition to EVs

The layoffs will affect workers at two plants in Michigan as GM winds down production of its Chevrolet Bolt and Camaro models.

Fortune

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GM’s moonshot bet on self-driving cars sours as Cruise axes a quarter of its workforce

The GM subsidiary has been in non-stop crisis mode ever since a fateful accident at the start of October.

Fortune

Autonomous Auto Venture Cruise Cuts 24% Of Staff

US autonomous driving venture Cruise announced Thursday it will eliminate roughly a quarter of its workforce as it slows commercialization to address safety issues.

International Business Times

GM CEO says a key new safety feature will come to its cars

Her comments come a day after the NHTSA took its first regulatory step toward a mandate.

The Street

Chevrolet Equinox EV To Enter Production In Q1 2024: GM Mexico CEO

Production of the Equinox EV in Mexico was initially expected to start in Q4 2023, but CEO Mary Barra announced a delay by "a few months" in October.

InsideEVs

Automakers, dealers and shoppers dawdle on EVs despite strong year in US sales growth

The EV trend in the US at the end of 2023 is a little tough to tease out

The Independent UK

Chevy’s Affordable Bolt EV Is Making Its Big Comeback in 2025

GM's CEO Mary Barra said that the Chevrolet Bolt is due to make a return in 2025 on the Ultium platform.

Inverse

The Next Chevy Bolt Will Arrive In 2025, CEO Mary Barra Confirms

The LFP battery-powered Chevy Bolt will launch in 2025, Mary Barra told the Automotive Press Association in Detroit without providing additional details.

InsideEVs

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Fortune

Fortune Future 50 still dominated by tech despite short-term pain

Tech companies dominate the list, which says something about where the world is headed.

InsideEVs

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.

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.

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.

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news in one place.

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Fortune

GM boss Mary Barra’s high-tech bet unraveling after Kyle Vogt departs as CEO of embattled Cruise robotaxi unit

Kyle Vogt departs the company he founded, marking a stunning fall from grace for a tech startup that only this summer celebrated a major victory for the fledgling industry.

The Guardian - UK

GM’s Cruise CEO resigns amid concerns over driverless car safety

Kyle Vogt exits as Twitch co-founder Emmett Shear appointed as interim boss of OpenAI

The Street

General Motors just pulled the plug on Cruise

As if ongoing struggles from the UAW auto strikes aren't enough, GM is shuttering a nationwide experiment.

Reason

Taxpayers Bankroll Electric Vehicles Even as Fewer People Buy Them

Ford and General Motors have tempered plans for E.V. production, but governments still spend billions of dollars in incentives.

The Street

Toyota has an important warning for electric vehicle enthusiasts

Despite major investments in EVs, automakers have been sounding the alarm.

The Street

Major automaker makes a surprising move with its electric vehicles

A collaboration announced last year is no longer in the works.

Al Jazeera

California hits pause on GM Cruise self-driving cars due to safety concerns

Decision is latest instance of regulatory agencies expressing concern over safety of autonomous vehicles.

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