GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
Why GM shares drop around tariff uncertainty, despite Wall Street beat
Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance ...
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General Motors announces record profit-sharing bonus amid workforce cuts
GM announced a record-setting profit-sharing bonus for workers. The profit-sharing amount is much larger than in the past two ...
GM Braces for ‘Directional Change’ with Trump Administration
GM says it’s prepared for tariffs and discontinued EV incentives, but what about the nation’s EV charging network?
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump ...
GM results aren't enough for investors, shares skid 9% on tariff worries
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, ...
GM’s electric vehicles are finally making money — sort of
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
GM Leads S&P 500 Decliners as Tariff Worries Outweigh Estimate-Topping Results
General Motors stock was the biggest decliner in the S&P 500 on Tuesday, falling nearly 9% as concerns about the potential impact of tariffs outweighed fourth-quarter revenue and adjusted profit that ...
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Renaissance Center's $1.6 Billion Redevelopment to Usher in New Era for Detroit's Riverfront
Plans revealed for the Renaissance Center in Detroit focus on accessibility, mixed housing, and a family-friendly destination ...
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Donald Trump’s attorney general pick Bondi may probe opponents of President-elect
That will not happen.” Also Read | ‘Propaganda machine’: Bill Ackman slams Wikipedia for false info on Donald Trump’s attorney general pick Pam Bondi Bondi also stressed that she would ...
FTC bans GM from sharing driving data to settle claims that the automaker sold data without consent
General Motors will be banned for five years from disclosing data that it collects from drivers to consumer reporting agencies as part of a settlement with the government to resolve claims that the ...