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GM Reports Best Sales Since 2020, 40% Surge in EV Sales

General Motors (GM), the automotive manufacturer known for brands like Chevrolet, GMC, and Cadillac, reported promising sales trend in the second quarter of 2024 including a major surge in sales of electronic vehicles. GM sold a total of 696,086 vehicles in this past quarter, representing...

Hyundai Moves to Purchase GM India Plant

Hyundai Motor Co announced on Wednesday that its Indian unit is set to acquire General Motors' Talegaon plant located in the Indian state of Maharashtra. By doing so, the South Korean company is looking to increase its total production capacity in India to one...

GM Pledges to Boost Jobs Amid EV Shift

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...

Investors Await GM Earnings Results, Status on EV Game Plan

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 Plans to Double Its EV Production in the Second Half of 2023

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,”...

Netflix to Feature Electric GM Vehicles in Programming

Netflix Inc has unveiled its latest strategic decision involving auto manufacturer General Motors. The company revealed that it will feature GM electric vehicles in some of its upcoming programming. The streaming giant announced on Thursday that it has reached an agreement with General Motors to...