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%.
General Motors has requested its suppliers to sign a pledge of carbon neutrality and commit to social responsibility programs and sustainable procurement practices.
The number of potentially affected vehicles has also fallen with 4,622,752 vehicles affected so far.
GM entered a deal with semiconductor chip manufacturers to keep its North American assembly lines in production.
GM reported a net profit of $10 billion for 2021 and reported full-year pretax rose 47% to hit a record $14.3 billion.
The White House hosted the chief executives of major U.S. companies including auto and tech sector firms this week to discuss President Joe Biden's $1.75 trillion Build Back Better legislation.
The new rating system requires safeguards that help drivers stay focused and not treat systems, such as Tesla's Autopilot and Volvo's Pilot Assist, as self-driving cars.
GM adds 45,000 readily available maintenance and repair parts for purchase on Chevrolet.com and other brand websites.
The policy reversal will make GM eligible for government fleet purchases by the State of California.
The new business helps dealers put used car lots online to compete with Carvana and other online auto retailers.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In