Tag: General Motors
Automakers pivot strategies amid cooling EV enthusiasm and market challenges
Automakers are adjusting their strategies in response to cooling electric vehicle (EV) sales growth, high vehicle prices, and uncertain political outcomes. This shift significantly...
Senators demand FTC probe into automakers’ sale of driving data to...
Two U.S. senators are urging the Federal Trade Commission (FTC) to investigate automakers for allegedly selling customers' driving data to brokers, who then package...
Ford reports mixed Q2 2024 results amidst EV sales surge and...
Ford released its second-quarter earnings today, revealing a mix of positive revenue growth and missed earnings expectations. Despite revenue climbing 6% to $44.8 billion,...
Alphabet invests $5 billion in Waymo to lead self-driving future
Alphabet has reaffirmed its commitment to the future of self-driving technology with a substantial $5 billion investment in its Waymo subsidiary, which will be...
GM boosts profit forecast amid strong gas truck demand and slower...
General Motors (GM) reported second-quarter profit and revenue today that surpassed Wall Street expectations. It raised its annual profit forecast for the second time...
GM’s Wentzville plant halts production amid Lear Corp. strike
Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp. The...
GM, Ford face profit declines amid EV challenges and cyberattack disruptions
General Motors (GM) and Ford are expected to report lower profits this week due to struggling electric vehicle (EV) sales and a significant cyberattack...
GM boosts production of Cadillac Escalade V-Series for 2025 with major...
General Motors (GM) will increase the production of the Cadillac Escalade V-Series performance model as part of its 2025 model year updates. The new...
GM’s 1 million EV production goal for 2025 in doubt, says...
General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain, according to comments...
General Motors to Pay $145.8 Million Penalty for Excess Emissions in...
In a significant regulatory crackdown, General Motors (GM) has been levied with a $145.8 million penalty following a comprehensive government investigation that discovered excess...