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GM's Total EV Sales In Q1 Can't Even Match Tesla's High-End Deliveries
Wednesday, April 3, 2024 - 2:24am | 519The biggest automaker in the U.S. by sales on Tuesday reported a near 21% drop in EV sales for the first quarter of 2024, partly owing to the discontinuation of its best-selling electric model. What Happened: General Motors (NYSE:GM) sold 16,425 electric vehicles in the U.S. in the first three...
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Top 10 Bestselling Electric Vehicles In U.S. 2023: Where Do Tesla, Ford, General Motors Rank?
Friday, January 12, 2024 - 3:06pm | 793The U.S. automotive industry saw a record number of electric vehicles sold in 2023, dominated by the Tesla Inc. (NASDAQ:TSLA) Model Y, which recently became the global bestselling electric vehicle of all time. What Happened: In 2023, 1.2 million electric vehicles were sold in the U.S., which was...
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GM Announces Over 1,300 Layoffs As Chevrolet Camaro, Bolt Production Ends
Friday, December 15, 2023 - 4:21am | 464General Motors Co. (NYSE:GM) is reportedly laying off over 1,300 employees across two Michigan plants following termination of production for the Chevrolet Camaro and Bolt. What Happened: While a total of 945 workers will be laid off at the Lake Orion assembly plant, another 369 will be laid off at...
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If You Invested $1,000 In Tesla Stock The Last Time Elon Musk Was At Detroit Auto Show, Here's How Much You'd Have Today
Wednesday, September 13, 2023 - 10:35am | 839After eight years away, electric vehicle (EV) giant Tesla Inc (NASDAQ: TSLA) is making its return to the Detroit Auto Show. Here’s a look back at the last time Tesla and CEO Elon Musk made an appearance at the show and how much the stock has returned for investors. What Happened: The Austin,...
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Cult Favorite Chevrolet Bolt Makes A Comeback: GM Announces Return With New Battery
Tuesday, July 25, 2023 - 2:46pm | 445The Chevrolet Bolt, a fan-favorite budget, electric car, is making a comeback after parent company General Motors Co (NYSE: GM) announced that it was discontinuing the car line a few months ago. The Bolt, which was first introduced in 2016, was marred with a fire risk that caused a recall of more...
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Chevy Bolt EVs To Be $6,000 Cheaper In Aftermath Of Recall Nightmare
Thursday, June 2, 2022 - 2:07am | 362General Motors Co (NYSE: GM) on Wednesday revealed a lower price for its 2023 Chevrolet Bolt EV as it looks to boost sales after being slammed by a huge recall due to fire risks that shut down sales and production for several months of the last year. What Happened: Detroit, Michigan-based GM said...
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Elon Musk Offers Free EV Charging To Tesla, Other EV Owners Fleeing Ukraine
Monday, February 28, 2022 - 11:31am | 784The invasion of Ukraine by Russia has led many people in the smaller Eastern European country to leave for other countries for refuge and safety. A leading electric vehicle company is helping those fleeing by offering free charging services in nearby countries. What Happened: Electric...
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Which Vehicle Does General Motors CEO Mary Barra Drive Herself?
Saturday, November 13, 2021 - 11:00am | 547A CEO of a publicly traded automotive company has their choice of vehicles for their personal use. What General Motors Corp (NYSE: GM) CEO Mary Barra drives might surprise readers. What Happened: Barra currently drives a Chevrolet Bolt electric vehicle that is under recall. “I’m...
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Mary Barra Hopes GM Will Be Considered A Tech Company In The Near Future
Monday, October 29, 2018 - 12:52pm | 585CEO and chairman of General Motors Co. (NYSE: GM), Mary Barra spoke Monday morning to the attendees of the CityLab Conference in Detroit on the future of GM and the future of the auto industry. Rise Of Technology As technology greatly impacts the economy on a global scale, it comes as no...
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GM Announces Launch Of 130 Autonomous Chevy Bolts In 3 Cities
Tuesday, June 13, 2017 - 11:03am | 473General Motors Company (NYSE: GM) has built 130 autonomous Chevrolet Bolt test vehicles in a factory setting and is deploying them in three American cities, CEO Mary Barra said Tuesday. The first commercial use of autonomous GM vehicles will be with ride-sharing services, Barra said. The autonomous...
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Automakers Eye The Finish Line in Sprint To Rollout Driverless Vehicles
Friday, February 3, 2017 - 1:34pm | 1091Traditional automakers are in a transition phase, where selling merely to retail customers and fleets will not place them in good stead. Disruptive technologies such as self-driving cars, ride sharing and ride hailing services are beginning to take hold, forcing the traditional players seek their...
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General Motors Kicks Off The Year With A Bang
Tuesday, January 5, 2016 - 9:59am | 463Despite the fact that General Motors Company (NYSE: GM) was unable to block a court case regarding its ignition scandal from proceeding this year, the firm is hoping to wow investors with new projects and help people forget the turmoil caused by the faulty switches in 2015. Just days into the New...