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General Motors posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

Automotive weekly roundup: UAW scores victory, Tesla profits plunge, Toyota breaks...

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Earlier this week: Workers at Volkswagen's Tennessee plant vote overwhelmingly to join the United Auto Workers union, scoring a significant victory for the labor...
General Motors posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

General Motors profits rise in Q1, 2024 earnings forecast revised

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General Motors beat analyst estimates in its first quarter earnings report, scoring a significant profit boost despite seeing a decline in year-over-year sales. The Detroit automaker...
GM and Ford have reduced expenses and delayed investments to pursue profit growth while focusing on their primary gasoline-powered cars.

GM and Ford prioritize gasoline cars in Q1 amidst EV challenges

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The market eagerly anticipates the first-quarter results of two leading U.S. automakers, General Motors (GM) and Ford. Despite facing challenges such as a slowdown...
In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Automotive weekly roundup: Tesla layoffs, governors protest unions, Mexico refuses incentives

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Earlier this week: A leaked internal memo reveals that Tesla will lay off 10% of its global workforce after quarterly sales declined. New car...
General Motors' self-driving division, Cruise, announced that it would reintroduce operations in some areas after a recent suspension

Cruise to resume self-driving operations in Phoenix after six-month halt

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On April 9, General Motors' self-driving division, Cruise, announced that it would reintroduce operations in some areas- starting with Phoenix- after suspending them for...
Discussing EVs adoption in the U.S. on Inside Automotive with Joe McCabe, President & CEO of AutoForecast Solutions.

Industry expert warns against overreliance on EVs, advocates for consumer-driven options...

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Despite the push towards EVs, the adoption rate has been notably slower than many expected. On today's episode of Inside Automotive, we're discussing EV...
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on...

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Earlier this week: China's BYD saw sales plunge from the previous quarter amidst an economic downturn. Tesla reported disappointing sales for the first quarter, marking...
General Motors saw a slight sales decline during the most recent quarter, even as retail and truck sales grew from last year.

General Motors sales drop 1.5% on weakened fleet business

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General Motors saw a slight decline in sales over the first quarter driven by difficulties in its fleet business but retained its title as...
GM is facing a second lawsuit for collecting driver data without their consent and sharing it with outside parties, increasing insurance rates

GM faces new lawsuit for collecting driver data without consent

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General Motors (GM) is facing a second lawsuit for collecting driver data without their consent and sharing it with outside parties, increasing insurance rates. The...
On March 12, GM announced Jens Peter "JP" Clausen, a former executive with Tesla, Lego, and Google, will succeed Gerald Johnson.

GM announces executive changes in manufacturing and software

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On March 12, General Motors (GM) announced changes in its top management. In the announcement, Jens Peter "JP" Clausen, a former executive with Tesla,...