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The Latest Breaking News from Mary Barra

GM CEO Mary Barra on the industry's transformation, progress on DEI, and return to office

DETROIT — General Motors Co. CEO Mary Barra touched on everything from how the Detroit automaker is approaching one of the most monumental shifts in automotive industry history to the company's progress on diversity, equity and inclusion efforts to GM's return-to-office strategy in a wide-ranging discussion Thursday.

Tribune News Service

GM Brings Robotaxis to This Major U.S. City

Cruise, GM's autonomous-vehicle company, is going deep into a particular state and setting up shop in two major towns.

The Street

Elon Musk Responds to a White House Snub

The administration of Democratic President Joe Biden has just received CEOs of leading tech groups in Artificial Intelligence. Elon Musk, one of the greatest critics of this revolutionary technology, was not among the guests.

The Street

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The Chevy Bolt, GM's popular electric vehicle, is on its way out

General Motors CEO Mary Barra said the company would halt production on small EV at the end of the year — shifting the plant in Orion Township, Mich., to make two new electric truck models instead.

WEKU

GM Ending Chevy Bolt Production By The End Of 2023; Automaker Defies Wall Street With Earnings Gain

GM is No. 2 in U.S. EV sales thanks to the aging Bolt, but is far behind Tesla.

Investors Business Daily

GM offers US employees voluntary separation program

DETROIT — To achieve $2 billion in cost savings, General Motors Co. is offering a voluntary separation program to its employees, the automaker confirmed Thursday.

Tribune News Service

GM cutting executive, white-collar jobs

A month after CEO Mary Barra said General Motors Co. was "not planning layoffs," the Detroit automaker is cutting a small number of executive-level and salaried jobs, The Detroit News has confirmed.

Tribune News Service

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Elon Musk and President Joe Biden Buddy Up

After two years of tension, the billionaire CEO of Tesla and the president from the Democratic Party seem to be making peace.

The Street

GM's Mary Barra among 2023 Automotive Hall of Fame inductees

The 2023 inductees into the Automotive Hall of Fame include the first female CEO of an automaker, a legendary race car driver and a trailblazing African American automotive designer.

Tribune News Service

Tesla slashed its prices across the board. We're now starting to see the consequences

Tesla's recent price cuts continue to reverberate, forcing Ford to follow suit while leaving Tesla owners feeling aggrieved. Here's how the move by the market leader has shaken the car industry.

WEKU

GM Posts Record Earnings In 2022, Plans $2B In Cost Cuts By 2024

The CFO is clear that layoffs are not part of the cost-cutting strategy.

Motor1

GM And Lithium Americas Strike $650 Million Investment Agreement

As GM moves forward with a full portfolio of EVs to overtake Tesla, it has secured a major domestic stake in lithium for its batteries.

InsideEVs

GM Joins Forces With Tesla Against the Government

The Lyriq SUV, Cadillac's first-ever electric vehicle, is excluded from federal tax credits.

The Street

Inflation won’t stop 2023 auto sales growth amid chip recovery

U.S. auto sales likely rose in December and will rebound in the new year as a recovery in vehicle production will more than offset the effects of inflation and rising interest rates.

Tribune News Service

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StockNews.com

The No. 1 Stock on Wall Street to Watch This December

General Motors Company (GM) posted a strong bottom line despite rising raw material prices and supply chain issues. The company intends to capitalize on the growing EV demand by rapidly growing its EV portfolio. Given its plans to expand its EV offerings, the stock could be worth adding to your…

InsideEVs

GM CEO, Brands Stopped Tweeting After Elon Musk Took Over

Meanwhile, Volkswagen Group brands have halted all paid activities on Twitter until further notice, with Audi taking the extra step to stop organic activities.

Motor1

General Motors Will Stick With Internal Combustion Engines Amid EV Expansion

The automaker won't abandon the traditional vehicle segments.

The Street

GM Causes a Big Splash

The Detroit giant has just made announcements that show its ambitions in the electric vehicle market.

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The Independent UK

GM CEO Barra says electric vehicles to be profitable by 2025

General Motors expects its portfolio of electric vehicles to turn a profit in North America by 2025

Tribune News Service

Buy an EV now or later? The tax credit rules are about to change

DETROIT — Consumers who can find an electric vehicle or plug-in hybrid that qualifies for the $7,500 tax credit now may want to snap it up before the end of the year, experts say, while others wanting to purchase EVs that aren't eligible might be better off waiting until 2023.

InsideEVs

GM EVs Will Qualify For Full $7,500 Tax Credit In 2-3 Years: CEO

"Out of the gate, we're going to be eligible for the $3,750," Mary Barra said, adding that it will take 2-3 years for GM EVs to qualify for the full $7,500.

InsideEVs

GM Pushes Back North America Production Plan Of 400,000 EVs To 2024

During GM's Q3 2022 earnings call, CEO Mary Barra said the 400,000 EV production goal has been pushed back to H1 2024, which is a delay of up to six months.

Benzinga

Watch Out Tesla: Here's How Many Electric Vehicles General Motors Sold In The Third Quarter

Automaker General Motors Company (NYSE: GM) reported third-quarter financial results before the market open Tuesday.

The Street

General Motors Stock Leaps After Q3 Earnings Beat, Record Sales

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."

The Street

Elon Musk Says President Biden Is Right About One Thing

The billionaire is a regular critic of the Democratic president but he just congratulated him on a decision.

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