General Motors saw its first quarter net income drop 5.7% to $2.6 billion due costs associated with a settlement with its electric vehicle supplier base. However, on an adjusted basis its earnings rose 21.9% to $4.3 billion. Find out more at Headlight.News.
It’s an iconic part of the Detroit skyline but, with General Motors moving its headquarters to a downsized alternative the fate of the massive Renaissance Center complex has been uncertain, some calling for its demolition, others hoping to find an alternative use. Now, GM is looking at a solution that’s a bit of both as it proposes a massive new “waterfront destination.”
Hyundai and General Motor’s developing partnership might include Hyundai selling rebadged versions of GM’s trucks according to a wild new report.
GM hit with two lawsuits over faulty shifters in popular GMC, Buick, and Chevrolet products as the company becomes the latest to struggle with safety issues. General Motors was hit with two new class-action lawsuits over an alleged problem with faulty shifters that...
General Motors brought in more money during the third quarter compared to a year ago, but those additional funds didn’t translate to bigger profits. However, the numbers did give the company reason to revise its earnings upward. Find out more at Headlight.News.
Barely a year after wrapping up a “stand-up strike” against Detroit’s Big Three automakers the the United Auto Workers Union appears ready to launch another series of walkouts. First in line: a Ford unit producing critical tooling for parts plants and assembly lines could face a strike at midnight Wednesday after talks broke down. Stellantis could be next.
General Motors officials offered good news with the company’s second quarter earnings report, with revenue and profits up for the quarter as well as the first half of the year. In fact, the results were good enough for the company to revise its full-year earnings expectations upward. Find out more at Headlight.News.
GM CEO Mary Barra confirms that the company has backtracked on its EV plans as slowing growth in the segment is forcing the company to shift towards expanding into PHEV and hybrids in an attempt to comply with tightening efficiency and emissions standards.
Chevrolet teased the soon-to-arrive Corvette ZR1 for the second time. This time, the short video on YouTube offers a look at the rear end of the next model as well as some very clear sound. The new model definitely offers a different note … perhaps that of a twin turbo? Get details at Headlight.News.
Road rage is rapidly becoming a growing issue out on the road with incidents of road rage often being a key catalyst for vehicle accidents. General Motors has patented a system that aims to prevent it by taking control of the car.
2024 Cadillac XT4 is a competent luxury SUV but falls short of being a great Cadillac in crowded luxury CUV segment It’s no mystery as to why the Cadillac Escalade was the brand’s most popular vehicle in 2023. It’s bold, brash, powerful, sizeable and makes an...
General Motors faces big challenges in China, but Mary Barra says GM will stay the course despite the risks that the company faces due to the recent growth of Chinese automakers.