General Motors saw its first quarter revenue rise 2.3%, but its adjusted earnings and net income declined. The company’s top leaders delayed a call with investors, analysts and the media about the quarter due to President Donald Trump’s decision to ease tariffs. Officials will talk Thursday morning about the results and the potential impact of the president’s move. Get details at Headlight.News.
The competition in China is getting tougher for General Motors. As a result, the automotive company is restructuring, including shutting down a plant that built a minivan and an SUV for the Chinese market. Find out more at Headlight.News.
General Motors finished 2024 strong. It beat analysts’ estimates for nearly every metric they examine. So why is the Detroit-based automaker watching its stock slide nearly 10% in the wake of all that positive news? Ignoring the obvious. Get details at Headlight.News.
General Motors announced plans to partner with ChargePoint to install 500 new ultra-fast charging points. The new ports will be set up at various locations across the U.S. by the end of next year. Get details at Headlight.News.
GM’s autonomous vehicle unit Cruise is on the hook for a $500,000 fine for filing a false report to the Justice Department regarding an accident in October where a pedestrian was run over.
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.
General Motors defense unit continues to offer new vehicles with evolutionary updates designed to keep up with the changing needs of today’s warfighter. It’s showing off the prototype of its next-generation tactical vehicle at AUSA 2024. Check it out at Headlight.News.
GM reveals it’s dropping the Ultium name from its batteries and EV tech as the company adapts to changing market conditions in the EV market and makes adjustments to its broader strategy.
Like so many other automakers making electric vehicles, General Motors signed on to use the Tesla Supercharger network. Now owners of Cadillac Lyriqs, Chevrolet Equinox EVs and more can use the chargers with a new NACS DC adapter from the automaker. Find out more at Headlight.News.
The National Highway Traffic Safety Administration agreed to end its probe of General Motors’ Cruise subsidiary’s robotaxis after it agreed to recall 1,200 of the vehicles. Go to Headlight.News for a closer look and details.
Not long after it was founded, Cadillac adopted the slogan, “Standard of the World.” Many decades late, the luxury marque appears to be looking to be that once again. The brand’s latest effort, the Sollei Concept, reflects the company’s commitment to being the best of the best. Get the full story 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.