Tag: General Motors sales

General Motors has confirmed that it will work to boost employment next year as the vehicle manufacturer shifts to electric vehicles, which may reduce the need for manual labor. Amid workers' concerns regarding work opportunities, GM manufacturing chief, Gerald Johnson, affirmed that the shift to...

General Motors is set to release its second-quarter earnings on Tuesday, with investors waiting to hear whether the auto manufacturer is on track to achieving its electric vehicle (EV) game plan. Earlier this month, the company reported that its U.S. deliveries rose 18.8% to 691,978,...

General Motors will double down on its electric vehicle production in the second part of 2023. This was revealed by the company’s CFO, Paul Jacobson, in a recent chat with Yahoo Finance Live. According to Jacobson, the demand for the company’s electric cars remains “firm,”...

General Motors shares skyrocketed by 9% during early trading on Tuesday after the company reported a surge in profit for the fourth quarter. Profits for the quarter hit $3.8 billion, beating estimates of $3.2 billion. Full year profits hit $14.5 billion, thereby landing at...

Automaker General Motors still thinks they can have great success in China despite recent obstacles related to the country’s strict COVID-19 rules and supply issues. Speaking at a recent All Markets Summit, GM’s CEO Mary Barra expressed optimism that the company can bounce back to...

The sales of new vehicles and cars in general in the United States have been slumping in recent weeks amid high prices. However, even in these rough times, General Motors is seemingly rising itself above the competition and recouping its place as America's favorite...