General Motors
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General Motors Surpasses Quarterly Earnings Expectations, Raises Full-Year Guidance
General Motors (GM) reported better-than-expected quarterly results on Tuesday, prompting the automaker to raise its annual forecast and sending shares up 4.9% in pre-market trading. The company's strong performance was driven by stable pricing and demand for its gasoline-powered vehicles, despite challenges in China and with its electric vehicle (EV) business. General Motors (GM) reported better-than-expected quarterly results on Tuesday, prompting the automaker to raise its annual forecast and sending shares up 4.9% in pre-market trading. The company's strong performance was driven by stable pricing and demand for its gasoline-powered vehicles, despite challenges in China and with its electric vehicle (EV) business. -
GM Slashes Chevrolet Bolt Prices, Making It Cheapest EV In The U.S.
General Motors will be reducing the price of its latest Chevrolet Bolt EV by 27% when compared to the price of the outgoing models. General Motors will be reducing the price of its latest Chevrolet Bolt EV by 27% when compared to the price of the outgoing models. -
Viral Video Shows Police Pulling Over Driverless Cruise Taxi In San Francisco
Cruise said it had already spoken to SFPD about the incident and no citation was issued against them. Cruise said it had already spoken to SFPD about the incident and no citation was issued against them. -
GM Buys Out SoftBank's Stake In Cruise For $2.1 Billion
GM will buy out SoftBank's stake in Cruise for $2.1 billion, while also committing an additional $1.35 billion in its autonomous driving business unit. GM will buy out SoftBank's stake in Cruise for $2.1 billion, while also committing an additional $1.35 billion in its autonomous driving business unit. -
GM Discloses Sale Of Stake In Cash-Strapped Lordstown Motors
GM said it had sold its stake in Lordstown during the fourth quarter after the stock's lock-up period expired. GM said it had sold its stake in Lordstown during the fourth quarter after the stock's lock-up period expired. -
GM Announces $7 Billion EV, Battery Facilities In Michigan
GM is transitioning its product portfolio and manufacturing facilities to focus on electric cars. GM is transitioning its product portfolio and manufacturing facilities to focus on electric cars. -
Toyota Overtakes GM As Largest Car Seller In The U.S.
Toyota said being number one was never its goal and it has no plans to use the achievement in any kind of advertisement. Toyota said being number one was never its goal and it has no plans to use the achievement in any kind of advertisement. -
GM Establishing A More' North American-Focused' Supply Chain
General Motors has signed several deals with domestic suppliers to reduce its dependence on Chinese imports. General Motors has signed several deals with domestic suppliers to reduce its dependence on Chinese imports. -
Ford And GM Moving To Address Chip Shortage, Forms New Partnerships
Ford has partnered with Global Foundries, while GM is looking to establish a similar agreement as both companies look to address the ongoing chip shortage. Ford has partnered with Global Foundries, while GM is looking to establish a similar agreement as both companies look to address the ongoing chip shortage. -
LG Agrees To Pay GM $1.9 Billion As Reimbursement For Chevy Bolt Recall
LG Electronics agreed to pay GM $1.9 billion to help it recoup costs related to the recall and repair of its Chevrolet Bolt EVs. LG Electronics agreed to pay GM $1.9 billion to help it recoup costs related to the recall and repair of its Chevrolet Bolt EVs.