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General Motors Q2 Preview: EV Strength Could Seal 13th Straight Revenue Beat
Monday, July 21, 2025 - 12:31pm | 718Auto company General Motors Co (NYSE:GM) could see shares hit new highs for the 2025 year with a strong earnings report Tuesday before market open. Here are the analyst estimates and key items to watch. Earnings Estimates: Analysts expect General Motors to report second-quarter revenue of $45.57...
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General Motors Recalls Over 62,000 Vehicles For Brake Issue That Could Potentially Result In A Fire: Report
Thursday, June 26, 2025 - 6:32am | 494General Motors Co. (NYSE:GM) has issued a recall for over 62,468 vehicles in the U.S. over a brake pressure sensor issue. What Happened: The Detroit-based automaker recalled Chevrolet Silverado Pickup trucks manufactured from 2019 to 2024, Reuters reported on Thursday. The issue with the brake...
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General Motors CFO Says $4 Billion Investment Will Allow Company To Rebalance Production Amid Trump Tariffs
Thursday, June 12, 2025 - 5:21am | 657General Motors Co. (NYSE:GM) CFO Paul Jacobson says the company's $4 billion investment in its manufacturing units will help the Detroit-based automaker rebalance production amid U.S. President Donald Trump's tariff uncertainty. What Happened: "…As we look at our landscape, as we look at the...
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General Motors To Invest $888 Million In NY V-8 Engine Plant Despite Surge In EV Market Share
Wednesday, May 28, 2025 - 7:33am | 421General Motors Co. (NYSE:GM) will invest $888 million in its Tonawanda Propulsion facility, where the company manufactures V-8 engines that power its SUVs and Full-Size Trucks. What Happened: The investment follows the company's plans to provide support for the production of its sixth-generation V-...
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Tesla Loses Steam In Q1 While US EV Sales Climb: The Winners And Losers
Monday, April 14, 2025 - 4:36pm | 755A new report highlights the growth of several automotive brands, as Tesla Inc. (NASDAQ:TSLA) saw its market share decline in the U.S. electric vehicle sector in the first quarter. What Happened: A political push by Tesla CEO Elon Musk has led to protests at Tesla dealerships and lower sales of the...
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Senator Ditches Tesla Vehicle In Protest Against 'Damage Elon Musk, Donald Trump' Are Doing: Here's What He Bought Instead
Monday, March 17, 2025 - 4:41pm | 1105Senator Mark Kelly (D-Ariz.) responded to Elon Musk‘s disparaging remarks by ditching his Tesla Inc (NASDAQ:TSLA) car and choosing to drive something that's not from the electric vehicle sector. What Happened: Musk recently called Kelly a traitor for visiting Ukraine. Kelly, a well-known...
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Trump Tariffs Could Make Your Next Car $12,000 More Expensive: Expert Says 25% Fees Will 'Have A Sharp Negative Effect On Auto Sales'
Tuesday, March 4, 2025 - 2:07pm | 1015The automotive sector could be among the sectors most affected by President Donald Trump‘s tariffs. Experts size up the potential cost increases and consumer impact. What Happened: Automobiles made in Mexico and Canada and auto parts imported to the U.S. are now subject to 25% tariffs under...
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GM Recalls Over 18K Vans In US Over Brake Fluid Leak Concerns
Thursday, September 26, 2024 - 7:50am | 374General Motors (NYSE:GM) is recalling 18,325 vehicles in the U.S. owing to concerns of a potential brake fluid leak, auto safety regulator National Highway Traffic Safety Administration (NHTSA) said on Thursday. What Happened: The recall population includes 2013-2019 Chevrolet Express Cutaway Vans...
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GM To Move BrightDrop Electric Vans Under The Chevrolet Brand
Friday, August 30, 2024 - 4:55am | 349Detroit-based General Motors (NYSE:GM) said on Thursday that it is moving its BrightDrop electric vans under its Chevrolet brand. What Happened: The shift, the automaker said, will allow customers of the BrightDrop electric commercial vans access to Chevrolet’s commercial sales and service...
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GM Reports $210M Loss In China Joint Venture: 'The Headwinds Are Not Easy'
Wednesday, July 24, 2024 - 9:34am | 438General Motors Company‘s (NYSE:GM) joint venture with China’s SAIC General Motors Corporation, has been a profitable business since it was formed in 1997 — until this year, that is. The company lost $210 million during the first six months of this year, according to earnings...
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Will Electric Vehicles Reach 50% Market Share In US By 2030? New Data Says Yes
Monday, July 15, 2024 - 5:34pm | 901Market share continues to increase in the United States for electric vehicles. With some states aiming to eliminate internal combustion engines and transition to all-electric vehicles, a report examines how close the United States is to achieving 50% adoption. What Happened: As states like...
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Chevrolet Unveils Bold Plan To Overtake Tesla In The EV Market: 'Puzzle Pieces Really Came Together Here'
Friday, May 17, 2024 - 7:45am | 727Chevrolet revealed its ambitious strategy to outshine Tesla Inc. (NASDAQ:TSLA) in the electric vehicle market. What Happened: Chevrolet, a division of General Motors Co. (NYSE:GM), is set to launch the electric Silverado pickup truck and the electric Chevy Equinox. The brand’s Chief Marketing...
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You Can Get Costco Discounts Up To $2,000 For These EVs Taking On Tesla
Friday, May 3, 2024 - 7:26am | 396Costco Wholesale‘s (NASDAQ:COST) auto program is offering incentives of up to $2000 for members on several EVs from Volvo, Polestar, Chevrolet, and Cadillac. What Happened: The deals run from May 1 until July 31 for Costco members who buy or lease certain EVs from the four brands, including...
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From Recommending Tesla Cars To Generating Code, Chevrolet's ChatGPT-Powered Chatbot Gets Taken For A Ride
Monday, December 18, 2023 - 8:53am | 674General Motors' (NYSE:GM) subsidiary Chevrolet rolled out a chatbot powered by OpenAI's ChatGPT to improve its support services for existing and prospective customers. But users have taken it for a ride instead, even getting it to say that Tesla Inc.'s (NASDAQ:TSLA) cars are better. What Happened:...
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Chevy Silverado EV Pickup Gets 450 Mile EPA Rated Range
Friday, May 19, 2023 - 3:54pm | 442General Motors Company (NYSE: GM) has significantly raised the bar in the electric vehicle sector with its 2024 Chevrolet Silverado EV Work Truck boasting an EPA-estimated range of 450 miles on a full charge. This fleet-oriented pickup truck's range surpasses its closest competitor, the...