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GM Saves Big Bucks on Cadillac Lyriq EV Assembly
Autoweek via Yahoo Finance· 2 days ago“We’re always going to be responsive to consumer demand,” Barra said, touting current and upcoming future product. GM reported a 36% increase in Ultium...
Musk turned Democrats off Teslas at a critical time. Here’s what they bought instead
Fortune via AOL· 3 days agoMeanwhile, the share of buyers identifying as Republicans saw a slight bump during that time frame,...
7 EVs and Hybrid Cars That No Longer Qualify for a Tax Credit in 2024
GOBankingRates via Yahoo Finance· 3 days agoRules for federal tax credits for electric vehicles (EVs) are intended to provide an incentive for...
GM earnings top forecasts, company raises outlook and sees 'variable profit' in EV unit by year-end
Yahoo Finance· 2 days agoThe company expects EBIT margin in the EV business to improve by 60 points from 2023 through 2024,...
Cadillac’s Lyriq is becoming a dark horse in the US electric car wars
Detroit News· 2 days agoFor a guy with a dog named Elvis, buying a Cadillac is fairly on-brand. Roberts isn’t a brand...
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
The Wall Street Journal· 1 day agoEarnings per share of $2.62 easily surpassed analysts’ forecasts of $2.13, according to FactSet. GM...
GM reports 1st quarter earnings increased on retail sales of trucks, improved EV sales.
Detroit Free Press· 2 days agoThe momentum in the quarter was so positive that GM is raising its estimated total year profit...
Earnings call: GM raises full-year guidance amid strong EV growth By Investing.com
Investing.com· 22 hours agoGM's revenue reached $43 billion, with an EBIT adjusted of $3.9 billion and an adjusted automotive...
GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share
Electrek· 2 days agoAfter losing EV market share in the US in the first three months of 2024, GM believes it can turn...
GM beats profit expectations in first quarter, increases guidance for 2024
Detroit News· 2 days agoGeneral Motors Co. beat Wall Street expectations on Tuesday, delivering first-quarter net income of...