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The Latest Breaking News from Mary Barra

GM CEO Barra Eyes Path to Unlock Value at Cruise

GM CEO Mary Barra discusses the strategies being considered to maximize the value of Cruise, the autonomous vehicle unit of General Motors.

Live Wire: What GM Model Should Be A Plug-In Hybrid?

Live Wire: What GM Model Should Be A Plug-In Hybrid?

General Motors is reviving its hybrids after focusing on EVs. What GM hybrid would you buy?

Stock Market Handles Huge Earnings Week, Fed's Powell, Jobs Report: Weekly Review

Stock Market Handles Huge Earnings Week, Fed's Powell, Jobs Report: Weekly Review

The stock market largely took a huge earnings week in stride, along with Fed chief Powell and a hot jobs report hitting rate-cut odds.

Investors Business Daily

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GM Has 100,000 Reservations For Its EV Pickups

Today on Critical Materials: GM has 100,000 reservations for battery-powered pickups, EV shopping trumps traditional ICE, and Stellantis dealers rush for EVs.

I Hate To Admit It, But Tesla Still Needs Elon Musk

If you want a CEO who’ll carefully grow a mature business, there are better options. But that’s not what investors want from Tesla.

GM Changes Its Mind, PHEVs Are Back On The Table

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

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.

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General Motors Eyes Strong 2024 As Earnings Top Estimates

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

General Motors Spikes To Buy Zone On Earnings, Outlook

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.

GM Faces Another Challenge As EV Output Stalls: Investors

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.

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

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.

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

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.

Autonomous Auto Venture Cruise Cuts 24% Of Staff

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

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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.

The Independent UK

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

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.

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.

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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.

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.

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

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.

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