General Motors has reached a significant milestone in its electric vehicle (EV) business, reporting that its EVs became “variable profit positive” in 2024. This means the company managed to generate more revenue from its EVs…
Automakers Purposefully Limit Vehicle Options and Keep Prices High to Maximize Profits Amid Recovery
Car manufacturers like Ford, General Motors (GM), and Stellantis are adopting a new strategy to sustain high vehicle prices by intentionally limiting the variety of options available on dealership lots. After recovering from the challenges…
GM Invested 1 Billion in Next Gen-EV Battery Research
General Motors (GM) has secured a significant multi-billion-dollar agreement with Vianode, a Norwegian company known for its expertise in advanced materials. This long-term partnership focuses on the supply of synthetic graphite anode materials, which are…
General Motors (GM) ended 2024 on a high note, achieving its best U.S. sales performance since 2019. With total sales increasing by 4% to 2.7 million vehicles, GM secured an estimated market share of 16.5%.…
General Motors has significantly ramped up the production of the GMC Hummer EV to meet the growing demand for this powerful and luxurious all-electric truck. Since its debut, the Hummer EV has garnered immense interest…
Cadillac is set to make a significant impact in the electric luxury SUV market with the launch of the 2026 Vistiq. This all electric SUV combines Cadillac’s signature luxury with advanced electric performance, creating a…
Seven decades after its debut, the General Motors small block V8 remains a legendary engine. This year, 2024, marks its 70th anniversary and the arrival of a new chapter. The story begins in 1954 with…
GM Relocates Global Headquarters Temporarily Amid Renaissance Center Redevelopment
General Motors (GM) is undergoing a temporary relocation of its global headquarters from the Renaissance Center in Detroit as part of the ongoing redevelopment efforts. The move comes as GM collaborates with Dan Gilbert’s real-estate…
GM Facing A 2nd Lawsuit Over Data Collection And Sales
General Motors is embroiled in yet another legal battle concerning the gathering and sale of customer driving data, a practice that allegedly led to higher insurance premiums for buyers. The lawsuit, filed in the U.S.…
General Motors Ends Partnerships With Data Brokers Amid Privacy Concerns
Amid mounting criticism and the threat of legal action, General Motors (GM) has severed ties with two data firms it had been supplying customers’ driving data, following accusations of unauthorized data sharing. The US automotive…
General Motors is eyeing on increasing the road stretch that is capable of the driver-assist system in the United States and Canada. It is expected that General Motors will increase more than 400,000 miles of…
While many companies struggle to enter and be constant in the electric vehicle industry, General Motors aims to be the global electric vehicle leader. They are planning to beat Tesla in terms of sales of EVs. Recently,…
GM, the American automotive company, plans to add 2000 EV charges across the United States. General Motors has collaborated with EVgo and the Pilot company to complete this project. The three giants are planning to…
