News

We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...
The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.
General Motors is going through a costly new chapter shaped by old trade policies. The company reported a steep 35.4% decline ...
Management stated guidance remains at EBIT adjusted in the $10 billion to $12.5 billion range, EPS diluted adjusted in the $8.25 to $10 per share range, and adjusted automotive free cash flow in the ...
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
Despite the substantial impact, the automaker managed to surpass Wall Street’s expectations, thanks to continued strong ...
The Detroit automaker signed an agreement with Redwood Materials to turn new and used EV batteries into storage systems to ...
In reality, many American brands build one or more of their car models outside of the U.S., and many foreign brands have ...
There isn’t really much in the way of news for future Cadillac cars. The CT4, built in Shanghai and Michigan, dates to 2019 and has no scheduled replacement, while the CT5 has been around for the same ...
This expansion is part of GM's joint venture with LG Energy Solution, called Ultium Cells. General Motors’ Spring Hill plant ...
Relocating the Escalade assembly from Arlington, Tex., to Orion Twp., Mich., is another sign of GM’s renewed commitment to ...
General Motors has pivoted its Orion plant in Michigan away from an original plan to build more EVs in order to meet growing ...