General Motors and its robotaxi subsidiary, Cruise, prepare to resume service and testing after prior safety concerns saw the company voluntarily suspend its fleet from service, according to newly released report. Get the details at Headlight.News.
GM news
Honda Recalls 750K Vehicles Due to Airbag Problem
Automakers recalled more than 1 million vehicles Tuesday, with Honda leading the way. The Japanese automaker recalled 750,000 vehicles with airbags that could deploy unintentionally during a crash. GM also issued a recall for 300,000 vehicles. Find out more at Headlight.News.
GM Bringing Plug-In Hybrids to North American Market
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.
GM Beats Internal Earnings Targets for 2023, Offering Dividend
Detroit-based automaker General Motors beat its internal guidance numbers for the 2023 earnings while raising the bar for 2024. The higher earnings forecast comes despite sizeable rise in costs expected due to the new UAW labor contract. The automaker beat its...
First Look: 2025 Chevrolet Equinox
Seven years after it was last redesigned, an eternity in the car business, Chevrolet unveiled a redesigned 2025 Chevrolet Equinox on Thursday. The new model competes in America’s most competitive market segment: compact crossover SUVs. Find out more about the new model at Headlight.News.
GM Will Cover Federal Tax Credits Lost by Some of its EVs This Year
Revised rules that went into effect on January 1 took away federal tax credits on all but about a dozen EVs. But General Motors will make up for that loss by offering up to $7,500 in discounts on EVs like the Cadillac Lyriq and Chevrolet Blazer EV, the automaker said. Ford, meanwhile, said it is raising the price on some versions of its F-150 Lightning by up to $10,000, while lowering the cost of premium models by as much as $7,000.
Ford Brags on F-Series Sales Yet Again
The real news is that pickup truck sales were up dramatically for both Ford and GM. Toyota Tundra and Nissan Titan sales were also up. Only Ram trucks had a down year. Read all about it at Headlight.News.
Chevy Orders Dealers to Stop Sales of Blazer EV
General Motors has issued a stop-sale order on the 2024 Chevrolet Blazer EV due to mounting reports of problems with the battery-powered SUV. The issues appear to be software-based, and among those motorists have cited, are problems getting the vehicle to charge. A spokesman told Headlight.News the concerns impact a “limited number” of Blazer EVs, adding that Chevy is looking to make very quick fixes.
GM Chief Barra Says EVs Here to Stay — So is She
GM Chair and CEO Mary Barra told reporters Monday evening the company remains focused on its coming array of EVs, and that hybrids are not on the agenda — for the U.S. anyway. She also dispelled any notion of a looming retirement. Find out what else she said at Headlight.News.
GM CFO Jacobson Puts Brakes on Hybrid Hysteria
In recent days, several automotive executives have discussed scaling back their EV and battery production plans and started talking up the advantages of hybrids. Much of this was tied to thoughts that company’s overestimated the demand for electric vehicles, especially in light of the flattening of sales in recent months. GM CFO Paul Jacobson pumped the brakes on that notion. Get details at Headlight.News.
GM Reinstates Full-Year Guidance for 2023, Buying Back Shares
Apparently the strike against General Motors by the UAW didn’t hit the company’s bottom line too badly. The Detroit-based automaker reinstated the full-year guidance it offer before the union’s walkout. Not only that, the company’s implementing a $10 billion accelerated share repurchase program. Get details at Headlight.News.
GM Cutting Spending on Cruise Robocab Unit
General Motors continues looking at its business with a critical eye, planning to cut back its spending on its robocab subsidiary Cruise. The company recently revealed plans to slow its cadence on electric vehicle introductions. The new cuts come after a Cruise robocab was involved in a collision with a pedestrian. Get details at Headlight.News.