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General Motors Co.

Green Bond Availability Grows

Around $28 billion in green bonds are available globally for automakers to help fund their transition to electric vehicles.

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General Motors Manufacturing Investments Include ICE Engines

The Detroit automaker has earmarked $854 million to prepare four plants to produce its sixth generation Small Block V-8 engine.

GM Announces New Chevy Bolt Recall

GM has recalled 140,000 Chevrolet Bolt electric vehicles in North America over a potential fire risk when seat belt pretensioners deploy in a crash.

Down Economy Will Impact All Automakers

An economic downturn could put all automaker’s, even those making luxury autos, earnings to the test.

Q3 New-Car Sales Mixed

GM surges, peers also gain, though some see declines amid market pressures.

Will Higher Interest Rates Cool Demand for New Cars?

The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.

Representatives Revive Bipartisan Effort for Self-driving Vehicle Legislation

Two members of the U.S. House of Representatives have launched a bipartisan effort to spur legislative efforts that support self-driving vehicles.

U.S. Energy Department to Loan $2.5 Billion to GM Joint Battery Venture

The money will help a joint venture of General Motors Co. and LG Energy Solution finance the construction of new lithium-ion battery cell manufacturing facilities.

GM Delays Plans to Hire 3,000 Salaried Workers

The company plans to delay filling some open positions after hiring 7,000 new salaried workers already in 2022.

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GM Looks to Pricing Power and Pent-Up Demand to Keep Profits High

The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.

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