Mary Barra

Electric-vehicle makers’ shares pulled back this week amid the broader market weakness, with market leader Tesla, Inc.’s (NASDAQ:TSLA) earnings not offering any respite. Here’s a rundown on what happened in the EV space during the week: Tesla Posts Mixed Results: Kicking off the...

General 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...

General Motors (NYSE:GM) halted development of their Origin autonomous vehicle as they cannot make it work and not because of regulatory concerns as claimed, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk alleged on Tuesday. What Happened: “Well, obviously, the real reason that they canceled it...

Editor’s Note: This story has been updated with a statement from a Chevrolet spokesperson. General Motors’ (NYSE:GM) autonomous driving unit, Cruise, is abandoning its plans to build the Origin autonomous vehicle and instead focussing on using its next-generation Chevrolet Bolt for...

General Motors Corp. (NYSE:GM) has followed in the footsteps of its crosstown rival Ford Motor Co. (NYSE:F) and delayed its electric-vehicle production goals, comments from CEO Mary Barra in an interview revealed on Monday. What Happened: “We will not get to a million just because the market...

Elon Musk on Tuesday laughed at how Tesla Inc.’s (NASDAQ:TSLA) stock rallied after Jim Cramer said in June that he would buy legacy automaker General Motors‘ stock over the EV giant’s. What Happened: CNBC "Mad Money" host and former hedge fund manager Jim Cramer said in late June...

General Motors Co (NYSE:GM) is in a critical transition to electric vehicles, as CEO Mary Barra affirms the company’s commitment to capturing a larger share of the EV market. Speaking at the Detroit Economic Club on Thursday, Barra emphasized the need for GM to align with consumer preferences...

General Motors Co’s (NYSE:GM) autonomous driving unit Cruise said on Monday that it would start supervised autonomous driving in Phoenix this week, in an attempt to validate its safety which is under question since one of its robotaxis got involved in a pedestrian accident last year....

Dearborn-based Ford Motor Co (NYSE:F) is now prioritizing hybrid vehicles in a bid to diversify its offerings and withstand the dwindling demand and price war within the EV market. What Happened: “We’re learning about the importance of choice. Our growth in the first quarter in hybrids...

General Motors Company (NYSE:GM) shares are trading higher on Tuesday after raising its outlook for FY24, following a first-quarter beat. General Motors projects adjusted earnings per share of $9.00 – $10.00, higher than the prior view of $8.50 – $9.50. According to Wedbush ...

General Motors Co‘s (NYSE:GM) autonomous driving unit Cruise is reportedly gearing to resume testing its robotaxis in Phoenix, Arizona. What Happened: Cruise is now preparing to resume testing its robotaxis with safety drivers in Phoenix, reported Bloomberg. The company is expected to make an...

Tesla Inc CEO Elon Musk on Friday laughed at General Motors CEO Mary Barra‘s interview from two years ago where she expressed optimism that the Detroit-based automaker would be able to take over Tesla in electric vehicles by 2025. What Happened: In an interview with CNBC in October 2021,...

In a significant move, General Motors (NYSE:GM) has appointed a former Tesla and Google executive to take over the reins of its manufacturing division. What Happened: GM announced on Tuesday that Jens Peter “JP” Clausen, a former executive at Tesla, Lego, and Google, will be succeeding...

General Motors Co (NYSE:GM) has reportedly resumed sales for its Chevrolet Blazer EV at a lower price point after resolving software issues. What Happened: GM issued a stop-sale for 2024 Chevrolet Blazer EVs citing software issues in December. The company has now addressed these concerns and...

Senior Vice President of Autonomous Vehicle Platforms at General Motors Co‘s (NYSE:GM) autonomous driving unit Cruise said on Thursday that he has resigned from the company, to be the latest of the series of executive departures at the company since it suspended operations in the United...