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.
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.
General Motors’ autonomous vehicle subsidiary, Cruise, took another step in the rehabilitation of its image, making good on plans to hire a Chief Safety Officer. In the wake of last October’s incident with a pedestrian in San Francisco, the company said it would take steps to improve the safety of its vehicles. AV development veteran Steve Kenner is the new hire. Get details at Headlight.News.
After reporting a profitable 2023 that exceeded their own expectations, GM officials revealed they’re deploying plug-in hybrid vehicles — for certain models — to the North American market. It was a decision made after reviewing and tweaking its EV production plans and feedback from dealers. Find out more from Headlight.News.