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GM
Business, Technology, Safety, Autonomous

GM Nearly Doubling Area Where Automated System Is Usable

GM Chevrolet Bolts

DETROIT — General Motors is adding about 350,000 miles of roadways in the U.S. and Canada to the area where drivers can use the company’s “Super Cruise” partially automated driving system.

Associated Press
February 15, 2024
Business, Technology, Autonomous

GM’s Net Income Rose 12% in 2023 Despite Costly Strike

Chevrolet Silverados

DETROIT — General Motors’ net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers’ strike.

Tom Krisher | Associated Press
January 30, 2024
Business, Technology, Fuel

GM, Honda Hydrogen Fuel Cell JV Begins Commercial Production

Honda-GM manufacturing

A joint venture between General Motors and Honda began commercial production Jan. 25 of hydrogen fuel cells in Brownstown, Mich., aimed at the commercial vehicle market.

Keiron Greenhalgh | Staff Reporter
January 29, 2024
Government, Business, Technology, Safety, Autonomous

Justice Department Inquiring Into Cruise Collision Fiasco

Cruise robotaxi

SAN FRANCISCO — General Motors is facing a U.S. Justice Department investigation into a collision that critically injured a pedestrian and derailed its self-driving car ambitions.

Michael Liedtke | Associated Press
January 26, 2024
Business, Technology

Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand

LG Energy booth

Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.

Heejin Kim | Bloomberg News
January 9, 2024
Business, Technology

GM Misses 2023 EV Goal by Half as Production Woes Persist

Chevrolet Silverado

General Motors Co. missed its goal of producing 150,000 electric vehicles last year, with about half of them being new models built using its Ultium battery pack, by a significant margin.

David Welch and Keith Naughton | Bloomberg News
January 4, 2024
Government, Business, Technology, Autonomous

Cruise Lays Off 900, Multiple Executives as Fallout Worsens

Cruise vehicle

Cruise LLC, the autonomous vehicle unit owned by General Motors Co., is cutting 24% of its workforce, extending a sweeping overhaul of the business after dismissing nine top executives.

David Welch | Bloomberg News
December 14, 2023
Business, Technology

GM’s All-Electric Pledge Hinges on Demand, CEO Barra Says

Mary Barra

General Motors Co.’s pledge to have an all-electric fleet by 2035 hinges on consumer acceptance, Chief Executive Officer Mary Barra said.

David Welch | Bloomberg News
December 5, 2023
Business, Technology, Autonomous

GM Says Strike Cost $1.1 Billion, but Raises Dividend

UAW on strike

General Motors says pretax earnings took a $1.1 billion hit due to production lost during the UAW's strike, but the company expects to absorb the new contract's costs and raised its dividend.

Tom Krisher | Associated Press
November 29, 2023
Business, Technology, Safety, Autonomous

Cruise CEO Resigns Amid Safety Concerns, Recalls

General Motors logo

Kyle Vogt has resigned as CEO of Cruise, General Motors’ autonomous vehicle unit, as questions build about the safety of self-driving cars.

Associated Press
November 20, 2023

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