General Motors Reports Strong Q1 Profits
DETROIT — Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
Struggling Battery Factory Is Behind GM’s EV Problems
General Motors Co. is racing to fix problems in its electric vehicle business to make good on promises CEO Mary Barra made five years ago. It still has a long way to go.
GM Resumes Blazer EV Sales
General Motors said it will resume sales of its Chevrolet Blazer EV almost three months after grounding the vehicle due to software issues that could cause charging problems.
GM Collaborates to Produce Medium-Duty Hydrogen FCEV Trucks
General Motors' hydrogen fuel cell business is working on a $65 million pilot program for hydrogen-based work site products centered around medium-duty, fuel-cell powered trucks.
GM’s Cruise Prepares to Resume Robotaxi Testing After Halt
GM’s Cruise autonomous unit is nearing the resumption of testing in the coming weeks, with Houston and Dallas emerging as potential locations, according to people with knowledge of the matter.
GM Nearly Doubling Area Where Automated System Is Usable
DETROIT — General Motors is adding about 350,000 miles of roadways in the U.S. and Canada to the area where drivers can use the company’s “Super Cruise” partially automated driving system.
February 15, 2024GM’s Net Income Rose 12% in 2023 Despite Costly Strike
DETROIT — General Motors’ net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers’ strike.
GM, Honda Hydrogen Fuel Cell JV Begins Commercial Production
A joint venture between General Motors and Honda began commercial production Jan. 25 of hydrogen fuel cells in Brownstown, Mich., aimed at the commercial vehicle market.
Justice Department Inquiring Into Cruise Collision Fiasco
SAN FRANCISCO — General Motors is facing a U.S. Justice Department investigation into a collision that critically injured a pedestrian and derailed its self-driving car ambitions.
Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand
Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.