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The company's guidance for 2025 suggests flat earnings before interest and taxes (EBIT) year-over-year, which is viewed positively given the anticipated challenges in the automotive market.
GM said on June 5 sales of trucks and SUVs from its Chevrolet brand largely drove the difference, with the Equinox EV standing out in particular.
A new study from J.D. Power shows steady consumer EV interest despite sales not taking off like the industry expected in ...
GM’s revised strategy reflects broader challenges in the EV sector. Since the company unveiled its goal in 2021, momentum has ...
And so you're going to end up with a smaller and smaller addressable market that competitors, particularly from China and to some degree from Europe, are going to step in." Total GM sales of EVs ...
Michigan plant among three sites included in move driven by increased demand for high-profit SUVs and an effort to limit ...
“This adjustment is directly related to responding to market demand and rebalancing inventory,” GM said in a statement to the Detroit Free Press. “It’s a lot of unknowns,” Maloney said.
GM taps Nvidia’s AI to challenge Tesla’s self-driving dominance ... Ready to turn the market’s comeback into steady cash flow? Grab the top 3 stocks to buy right here.
When General Motors announced layoffs of 200 employees at its all-electric Detroit-Hamtramck Factory Zero to ensure that production will “align with market dynamics,” one vehicle shopper ...
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