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GM Saves Big Bucks on Cadillac Lyriq EV Assembly
Autoweek via Yahoo Finance· 3 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...
7 EVs and Hybrid Cars That No Longer Qualify for a Tax Credit in 2024
GOBankingRates via Yahoo Finance· 4 days agoRules for federal tax credits for electric vehicles (EVs) are intended to provide an incentive for...
Cadillac’s Lyriq is becoming a dark horse in the US electric car wars
Detroit News· 3 days agoFor a guy with a dog named Elvis, buying a Cadillac is fairly on-brand. Roberts isn’t a brand...
Musk turned Democrats off Teslas at a critical time. Here’s what they bought instead
Fortune via Yahoo Finance· 4 days agoMeanwhile, the share of buyers identifying as Republicans saw a slight bump during that time frame,...
BEVs That International Automakers Sell In China, But Don’t Want To Offer You - CleanTechnica
CleanTechnica· 5 days agoAs Zach recently reminded us, China is currently the epicentre of the global EV revolution,...
GM earnings top forecasts, company raises outlook and sees 'variable profit' in EV unit by year-end
Yahoo Finance via AOL· 3 days agoThe company expects EBIT margin in the EV business to improve by 60 points from 2023 through 2024,...
GM hopes new EVs like the $35K electric Chevy Equinox will help win back market share
Electrek· 3 days agoAfter losing EV market share in the US in the first three months of 2024, GM believes it can turn...
Earnings call: GM raises full-year guidance amid strong EV growth By Investing.com
Investing.com· 2 days agoGM's revenue reached $43 billion, with an EBIT adjusted of $3.9 billion and an adjusted automotive...
GM Raises Profit Outlook for 2024 After Strong First-Quarter Earnings
The Wall Street Journal· 3 days 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 via Yahoo Finance· 3 days agoIts revenue soared nearly 8% to $43 billion, beating Wall Street expectations. The automaker said it...