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General Motors

GM to Sell Hertz 175K EVs

“Retail margin” sales could bring carmaker “thousands” of EV customers.

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GM Offers Buyout to Buick Dealers

General Motors will offer buyouts to U.S. Buick dealers who do not opt in to the brand’s plans to be all-electric by 2030.

GM Retools Supply Chain to Get Delayed Vehicles to Dealerships

GM retools supply chain to get tens of thousands of vehicles awaiting parts to consumers quickly and ward off future supply chain challenges.

GM Reports 40% Decline in Net Income

But the automaker remains bullish that stronger results are possible in the second half of the year.

GM and Ford CEOs on Heightened Watch for Signs of a Recession

General Motors and Ford Motor Co. CEOs say they are watching for signs of a U.S. recession, despite demand for autos being strong.

GM Hedges its Bets on Ultium Platform

General Motors hopes its Ultium platform, which consists of batteries, motors, software and other components, will help it grow EV market share and overtake Tesla as the No. 1 EV maker.

GM Partners With Hertz to Up Loaner Pool at Dealerships

GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.

GM Resumes Silverado, Sierra Production Amid Chip Crisis

General Motors will extend production cuts at crossover, midsize pickup and sedan plants because of the semiconductor chip shortage but will resume full-size pickup production on Monday.

GM Again Shutters Truck Assembly Plants Amid Chip Shortage

The company will idle plants in Flint, Michigan; Fort Wayne, Indiana; and Silao, Mexico, just one week after the plants resumed production after an earlier shutdown related to the shortage.

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General Motors Reveals Q2 Sales Rose 40% But Missed Analyst Expectations

GM reported sales of 688,236 vehicles in the second quarter, up 39.7% from 2019. But Edmunds and Cox Automotive had forecasted GM sales would rise 40% to 43%.

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