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Barra: GM still planning to be all-electric by 2035: The automaker's CEO says GM will stick to its plans but adjust with customer demands.
detroitnews.com/story/business/autos/general-motors/2023/12/04/barra-gm-still-planning-to-be-all-electric-by-2035/71678366007/
Detroit automakers work to reroute exports and parts after Baltimore bridge collapse
freep.com/story/money/cars/general-motors/2024/03/26/baltimore-francis-scott-key-bridge-collapse-ford-general-motors-stellantis-exports-parts/73104711007/
Quick Glance: Tragedy in Baltimore: Fatal Bridge Collapse and Intensive Investigations
- A cargo ship that lost control and crashed into a bridge in Baltimore had previously undergone engine maintenance in the port, according to the US Coast Guard. Divers retrieved the bodies of two of the six workers who fell into the water, while the search for the others was deemed unsuccessful.
- Investigators commenced gathering evidence from the cargo ship involved in striking the Francis Scott Key Bridge. The victims were from Mexico, Guatemala, Honduras, and El Salvador, with authorities suspecting that the other vehicles with victims were trapped.
GM buys out nearly half of its Buick dealers across the country, who opt to not sell EVs
freep.com/story/money/cars/general-motors/2023/12/20/gm-buick-dealerships-buyouts/71978066007/
GM delays shift at Flint plant so workers can watch Detroit Lions in NFC Championship game
eu.freep.com/story/money/cars/general-motors/2024/01/24/gm-flint-shift-detroit-lions-game/72339770007/
Half of US Buick dealers chose buyouts over selling EVs in 2023: Nearly half of Buick dealers took buyouts from GM this year instead of committing to selling and ...
electrek.co/2023/12/20/half-of-us-buick-dealers-chose-buyouts-over-selling-evs-in-2023/
Quick Glance: GM Acquires Nearly Half of Buick Dealers
- General Motors recently bought out approximately half of its Buick dealers who were opposed to the company's transition to electric vehicles.
- Roughly half of GM’s 2,000 Buick dealers opted for the voluntary buyout.
- The program remains open for additional dealers to accept the buyout instead of making the required EV-related investments to continue selling Buicks.
- Dealers who accepted the buyout will no longer sell Buick vehicles but can continue to sell vehicles from other brands under the GM umbrella, such as Chevrolet or GMC.
GM to lay off 1,300 Michigan workers as vehicles end production : General Motors plans to lay off about 1,300 workers in Michigan starting early next year due to ...
cnbc.com/2023/12/14/gm-to-lay-off-1300-michigan-workers-as-vehicles-end-production.html
GM Says It's Nixing CarPlay to Make Drivers Safer: Earlier this year, General Motors (GM) announced plans to phase out Apple's CarPlay and Android Auto in ...
macrumors.com/2023/12/12/gm-carplay-removal-safer-drivers/
Lions replacing Jonah Jackson with Pro Bowl guard Kevin Zeitler: Lions GM Brad Holmes plugged another significant roster hole Monday night ...
detroitnews.com/story/sports/nfl/lions/2024/03/18/lions-replacing-jonah-jackson-with-pro-bowl-guard-kevin-zeitler/73023549007/
GM gives a tip of the hat to the Lions with special lighting a top the RenCen this weekend
freep.com/story/money/cars/general-motors/2024/01/20/gm-to-salute-the-detroit-lions-with-special-lighting-atop-the-rencen/72287048007/
GM’s Chevy Silverado EV lands in China in first overseas debut: The Chevy Silverado EV debuted in China recently as its first overseas trip outside of North ...
electrek.co/2023/11/17/chevy-silverado-ev-lands-in-china-first-overseas-debut/
Quick Glance: GM Unveils Chevy Silverado EV in China
- First overseas debut outside North America
- GM showcases multiple new models at the Expo
- Electric Silverado highlighted as show's star
- GM gauges buyer interest in the region
The Chevy Blazer EV Launch Has Gone From Rough to Worse As GM Issues Stop-Sale: Chevrolet put a stop-sale on the new Blazer EV due to continuous software issues ...
thedrive.com/news/the-chevy-blazer-ev-launch-has-gone-from-rough-to-worse-as-gm-issues-stop-sale
How Lions GM Brad Holmes tore down, rebuilt a streak-snapping division winner in 3 years
detroitnews.com/story/sports/nfl/lions/2023/12/24/how-general-manager-brad-holmes-tore-down-rebuilt-detroit-lions/71972072007/
Quick Glance: Lions GM Brad Holmes: Successful 3-Year Rebuild
- Holmes came from the Los Angeles Rams, bringing 18 years of experience.
- His first moves were strengthening his front-office team.
- Holmes' expertise was in the draft, while Agnew and Dorsey were instrumental in complementing his knowledge.
- Despite initial doubts about Goff's potential, high-level draft picks helped accelerate the rebuild.
GM CEO is ‘disappointed’ in EV production, says affordable models will drive adoption
electrek.co/2023/11/29/gm-ceo-disappointed-ev-production-eyes-affordable-models/
Quick Glance: GM Announces $10 Billion Stock Buyback and Dividend Increase
- GM plans to raise the quarterly dividend next year by 33% to 12 cents per share; launch an accelerated $10 billion repurchase program; and reinstate its 2023 forecast to include an estimated EBIT-adjusted impact from six weeks of U.S. labor strikes.
- GM CEO Mary Barra stated that the company is finalizing a budget for next year to fully offset the additional costs of new labor agreements.
- Net income for stockholders of $9.1 billion to $9.7 billion, compared to a previous outlook of $9.3 billion to $10.7 billion.
- Adjusted earnings per share of approximately $7.20 to $7.70 including the stock buyback, compared to the previous outlook of $7.15 to $8.15.
Ford confirms half of dealers will sell EVs in 2024 as some are opting out: About half of Ford dealers have opted to sell EVs in 2024. Ford’s EV dealer program ...
electrek.co/2023/12/21/ford-confirms-half-dealers-sell-evs-2024-several-opt-out/
What's the deal? UAW details gains of new four-year contract with GM: Among significant wins for the union: persuading GM to bring its growing ranks of JV ...
detroitnews.com/story/business/autos/general-motors/2023/11/04/uaw-details-gains-of-new-four-year-deal-with-gm/71453815007/
Niyo: Red Wings no longer deadline sellers, with win-now mentality: Now that the NHL trade deadline has passed, and the Red Wings’ four-year run as a deadline ...
detroitnews.com/story/sports/columnists/john-niyo/2024/03/08/niyo-red-wings-no-longer-deadline-sellers-with-win-now-mentality/72894013007/
Albert Kahn, Detroit's master architect: Albert Kahn, Detroit's master architect
detroitnews.com/picture-gallery/news/local/michigan-history/2024/03/03/albert-kahn-detroits-master-architect/3097669001/
When praising Detroit Lions, don't forget who built the NFL playoff team: The Detroit Lions' first playoff win in forever doesn't happen without Dan Campbell's ...
usatoday.com/story/sports/nfl/lions/2024/01/17/detroit-lions-brad-holmes-playoff-win-dan-campbell/72248773007/
Honda, GM fuel cell venture launches commercial production: General Motors (GM.N) and Honda (7267.T) have begun shipping fuel cell power systems to customers ...
reuters.com/business/autos-transportation/honda-gm-fuel-cell-venture-launches-commercial-production-2024-01-25/
Broncos GM says Russell Wilson benching had nothing to do with quarterback's contract
cbssports.com/nfl/news/broncos-gm-says-russell-wilson-benching-had-nothing-to-do-with-quarterbacks-contract/
General Motors' latest Chevrolet recall adds to a mountain of problems: The launch of the Detroit Big Three brand's newest Tesla rival is off to a rough start.
thestreet.com/electric-vehicles/general-motors-latest-chevrolet-recall-adds-to-a-mountain-of-problems
Quick Glance: Decline in Electric Vehicle Sales
- Latest news on electric vehicles shows a significant decline in sales.
- Experts speculate that 2024 could be the year to finally transition away from gasoline-powered cars.
- The 2024 Hyundai Ioniq 6 has an estimated range of 361 miles.
- According to Bloomberg, the German automaker Audi plans to reduce its electric vehicle offerings next year due to slowing growth.
That's All, Folks: Chevy Camaro Production Officially Ends: The Bowtie's beloved muscle car is going away with no immediate successor in line.
thedrive.com/news/thats-all-folks-chevy-camaro-production-officially-ends
GM boss Mary Barra’s high-tech bet unraveling after Kyle Vogt departs as CEO of embattled Cruise robo-taxi unit
fortune.com/2023/11/20/gm-mary-barra-kyle-vogt-cruise-robotaxi-self-driving-cars/
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GM to offer $7,500 discount on EVs that don't qualify for tax credit in 2024: Some GM and Ford EVs will lose the $7,500 federal tax credit this year ...
freep.com/story/money/cars/general-motors/2024/01/03/ev-tax-credit-gm-discount-lease-loophole-2024/72081898007/
UAW members at Stellantis start seeing $50,000 buyout offers for 2024: The UAW contract in 2023 included a generous lump sum retirement incentive for many legacy ...
freep.com/story/money/personal-finance/susan-tompor/2024/01/04/uaw-members-stellantis-buyout-offers-for-2024/72111120007/
The first fast chargers in GM and Pilot Flying J’s huge coast-to-coast network are open
electrek.co/2023/12/05/the-first-fast-chargers-in-gm-and-pilot-flying-js-huge-coast-to-coast-network-are-open/
GM profit sharing: Here's how much UAW members will get for 2023: About 45,000 hourly workers are eligible for the payouts.
detroitnews.com/story/business/autos/general-motors/2024/01/30/gm-profit-sharing-heres-how-much-uaw-members-will-get-for-2023/72401077007/
Warren Buffett dumped his entire $850m stake in GM and cut back on Amazon as Berkshire Hathaway built its record $157bn cash pile
fortune.com/2023/11/15/warren-buffett-dumped-850-million-stake-mary-barra-general-motors-amazon/
GM Q4 sales: Ultium grows, Bolt ends best year ever as GM has 3.1% EV share: GM's Ultium platform sees higher deliveries, but its not enough to make up for ...
electrek.co/2024/01/03/gm-q4-sales-ultium-grows-bolt-ends-best-year-ever-as-gm-has-3-1-ev-share/
GM's Cruise laying off 900 employees, or 24% of its workforce: Read the memo here
cnbc.com/2023/12/14/gms-cruise-laying-off-900-or-24percent-of-its-workforce.html
Quick Glance: GM's Cruise Announces Layoffs: What You Need to Know
- GM's Cruise to lay off 900 employees, equivalent to 24% of its workforce.
- The company had a total of 3,800 employees before the layoffs.
- Impacted employees to receive paychecks until Feb. 12 and at least an additional eight weeks of pay, along with tenure-based severance.
- Providing support to impacted employees with strong severance and benefits packages and expressing gratitude to departing employees for their crucial roles.
Car Dealers on Why Some Customers Hesitate With EVs: Retailers say some potential buyers are worried about the range, reliability and price of these models.
wsj.com/business/autos/electric-vehicle-push-auto-dealers-slowdown-f0d78280
GM files $121 million lawsuit against San Francisco: General Motors (GM) has filed a lawsuit against San Francisco, looking to recover $108 million in taxes and ...
thehill.com/policy/transportation/4380039-gm-lawsuit-san-francisco/
Warren Buffett's Berkshire Hathaway exits its holding of GM stock: Buffett selling off all his GM stock likely signals an "ominous" sign for the stock due to ...
freep.com/story/money/cars/general-motors/2023/11/15/warren-buffett-berkshire-hathaway-gm-stock/71590234007/
GM opts out of 2024 Super Bowl after four years of EV-promoting ads: After four years of using the most-watched television program in the US to promote its ...
electrek.co/2023/11/20/gm-no-promoting-evs-during-2024-super-bowl/
GM Sues San Francisco Over Tax Bill. Why the City Has More to Lose.: General Motors is suing San Francisco claiming it has been unfairly taxed $108 million over ...
barrons.com/articles/gm-cruise-stock-san-francisco-tax-sues-99a10606
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Tesla Stock Will Go Down After the Cybertruck Launch. And Ford and GM? Up, Probably.
barrons.com/articles/tesla-stock-cybertruck-gm-ford-35fb33cc
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General Motors is cutting more than 1,300 hourly jobs at a pair of plants in Michigan, less than a month after a new labor contract was ratified by its ... Show more
GM and Toyota are shaping up to be the biggest losers in the EV transition: Legacy automakers have scaled back or set overly modest electric vehicle production ...
techcrunch.com/2023/12/03/ev-transition-losers/
GM dealers think the automaker should bring back hybrids. But will it happen?: GM CEO Mary Barra says the automaker has the tech to bring back hybrids but the ...
detroitnews.com/story/business/autos/general-motors/2023/12/21/gm-dealers-think-the-automaker-should-bring-back-hybrids-but-will-it-happen/71936959007/
Oscar Mayer Wienermobile to visit Michigan this week: Where to see it: The Oscar Mayer Wienermobile will be in metro Detroit for several stops this weekend.
freep.com/story/news/local/michigan/2024/03/20/wienermobile-oscar-mayer-michigan-visit-stop/73034369007/
Experts: GM's reputation on the line as it faces a stop-sale of new Chevy Blazer EV
freep.com/story/money/cars/general-motors/2024/01/05/chevy-blazer-ev-stop-sales-software-problem/72108110007/
Quick Glance: GM Faces Stop-Sale of New Chevy Blazer EV
- GM halts sales of 2024 Chevrolet Blazer EV to address software problems affecting in-vehicle screens and fast charging.
- No timeframe for lifting the stop-sale, but engineers are working to resolve the issues.
- Software problems are not safety-related, and no recall has been issued.
- GM will update affected EVs with appropriate software before shipment.
GM is bringing back its electric Chevy Blazer — with cheaper prices: The Detroit carmaker pulled the electric SUV in December over a series of software problems
qz.com/gm-chevy-blazer-ev-suv-cheap-price-sale-1851321232
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The 2024 Chevy Blazer EV might put a charge into GM’s ambitious electric vehicle plan
freep.com/story/money/cars/mark-phelan/2023/12/13/2024-chevy-blazer-ev-arrives-to-charge-up-gms-transition-to-electricity/71895206007/
GM’s Cruise Cuts About 25 Percent of Its Workers: The embattled self-driving car subsidiary of General Motors faces an uncertain future after California ...
nytimes.com/2023/12/14/technology/cruise-layoffs.html
Quick Glance: GM's Cruise Cuts 900+ Jobs After Recall of Robotaxis
- General Motors' Cruise autonomous vehicle unit is cutting over 900 jobs to reduce costs and revamp after a serious accident in San Francisco and subsequent regulatory scrutiny.
- Last month, the company recalled all its robotaxis tested on California roads, with regulators accusing Cruise of concealing the incident's severity.
- The job cuts come after Cruise confirmed that nine key leaders are no longer with the company amid an ongoing investigation into an October crash involving a driverless robotaxi.
- Long-term employees will receive two weeks of extra pay for each year at the company over three years.
Wall Street Lunch: Charlie Munger Passes Away: Charlie Munger, investing icon and vice chairman of Berkshire Hathaway, passed away at the age of 99; GM ...
seekingalpha.com/article/4654923-wall-street-lunch-rip-charlie-munger
Houston Astros hand managerial reins to Joe Espada: Passed over by a number of MLB clubs that interviewed him in the past, the longtime bench coach inherits a ...
houstonchronicle.com/texas-sports-nation/astros/article/joe-espada-astros-manager-dana-brown-18487999.php
Quick Glance: Houston Astros: Joe Espada to be Named New Manager on Monday
- Team has a press conference scheduled amid speculation that bench coach Joe Espada is the top choice to replace Dusty Baker.
- Joe Espada, the Astros’ bench coach for the last six seasons, is expected to be named manager on Monday.
GM Lays Off More Workers. It’s Bracing for Tougher Times.: General Motors made the move with economic growth set to slow, the excitement around electric vehicles ...
barrons.com/articles/gm-general-motors-layoffs-michigan-fd956b04
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Chicago Bears QB confidential: The chatter inside NFL circles on Justin Fields’ future and Caleb Williams’ potential
chicagotribune.com/sports/bears/ct-chicago-bears-justin-fields-caleb-williams-20240104-acggnis2fvakbkpqzjozjigo7y-story.html
Car Payments Look Like They’re Beginning to Peak. Finally, Some Relief.: Car buyers are painfully aware that prices have gotten really expensive ...
barrons.com/articles/car-prices-monthly-payments-peak-tesla-ford-gm-stock-c26d8b01
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As GM rolls out Blazer EV, other Ultium models, one issue has been dominant: While the Detroit automaker isn't alone in confronting issues, analyst says "it's up ...
detroitnews.com/story/business/autos/general-motors/2024/01/05/gm-blazer-ev-ultium-models-problem/72119063007/
In reversal, GM considers bringing back hybrids: After years of pushing forward on its all-EV path, General Motors is reviewing whether to bring hybrid options ...
detroitnews.com/story/business/autos/general-motors/2023/11/28/gm-considers-bringing-back-hybrid-options-for-north-american-market/71721267007/
Has The Electric Car Battery Boom Faded?: The race to make electric vehicles and batteries in the U.S. now faces pitfalls. Caution is the word among EV stocks ...
investors.com/news/electric-vehicles-market-loses-charge-what-means-ev-stocks-tesla-ev-battery-buildup/
Stock market today: Wall Street gains ground after encouraging updates from GM and other companies
bloomberg.com/en/news/thp/2023-11-29/stock-market-today-asian-shares-mostly-fall-after-wall-street-rallies
This Stock Is a Better Electric-Vehicle Bet Than Tesla. Buy It Now.: Tesla and China-based BYD are financially similar. Both car makers generated almost ...
barrons.com/articles/byd-tesla-evs-china-stock-pick-be4f0f73
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GM has a promising offer for EV buyers missing out on tax credits : The Big Three automaker is helping out potential EV buyers.
thestreet.com/electric-vehicles/gm-has-a-promising-offer-for-ev-buyers-missing-out-on-tax-credits-
Detroit’s Big 3 will produce billions worth of electric vehicles they’re not sure people will buy in their deal with the UAW
fortune.com/2023/11/05/detroit-big-3-ford-gm-stellantis-more-electric-vehicles-uaw-union-contract/
GM delays another major EV initiative after pushing back electric Silverado, GMC Sierra
electrek.co/2023/12/13/gm-delaying-another-major-ev-initiative/
GM says next-gen Bolt will be EUV-only as the SUV virus infects the industry: We thought GM would bring back the Bolt, but it turns out they're killing it - ...
electrek.co/2023/12/08/gm-says-next-gen-bolt-will-be-euv-only-as-the-suv-virus-infects-the-industry/
GM to lay off 1,300 workers in Michigan as Chevy ends Camaro, Bolt production: General Motors (GM) disclosed plans to lay off 1,300 workers from two Michigan ...
thehill.com/business/4362121-gm-to-lay-off-1300-workers-in-michigan-as-chevy-ends-camaro-bolt-production/
GM keeps US sales crown for 2023 despite UAW strike, EV production issues: GM beat Toyota again this year as the No. 1 selling automaker on the strength of its ...
freep.com/story/money/cars/general-motors/2024/01/03/gm-fourth-quarter-sales-2023/72012274007/
GM Cruise Is Laying Off 24% of Its Staff Amid Robotaxi Crash Probe. GM Stock Is Rising.
barrons.com/articles/gm-stock-cruise-executives-crash-2f32f418
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Sell Ford, GM, Stellantis Stock. ‘It’s Not You, It’s the Industry.’: Wells Fargo analyst Colin Langan launched coverage of Chrysler parent Stellantis stock with ...
barrons.com/articles/sell-ford-gm-stellantis-stock-b67b99ba
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Commanders fire Ron Rivera as struggling teams across the NFL look to move on: The move kicks off what is likely to be an offseason of major change for ...
washingtonpost.com/sports/2024/01/08/ron-rivera-fired-commanders/
Buick Is GM's Budget Brand Now, Not Chevy: Buick was always the intermediary between Chevrolet and Cadillac. But times have changed for American car buyers.
thedrive.com/news/buick-is-gms-budget-brand-now-not-chevy
GM's Cruise may face fines for 'misleading' regulator over accident: General Motors' (GM.N) Cruise robotaxi unit could face $1.5 million in fines and additional ...
reuters.com/world/us/gm-cruise-could-face-state-fines-over-oct-2-pedestrian-accident-2023-12-04/
Buy GM Stock, Not Ford, Says Wall Street: GM stock caught an upgrade to Buy at Mizuho. GM shares also were started with a Buy rating at HSBC ...
barrons.com/articles/gm-stock-ford-general-motors-wall-street-1bf06323
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GM confirms 2025 launch date for next-gen Chevy Bolt EV: Finally, GM’s CEO Mary Barra announced when we can expect the next-gen Chevy Bolt EV to hit the market ...
electrek.co/2023/12/05/gm-confirms-2025-launch-date-next-gen-chevy-bolt-ev/
GM pausing production of Cruise Origin after suspending US driverless robotaxis: The Origin is an autonomous shuttle with no steering wheel or gas pedal that ...
detroitnews.com/story/business/autos/general-motors/2023/11/07/gm-pause-production-cruise-origin-suspending-us-driverless-robotaxis/71488071007/
For Labor Unions, 2023 Was the Year of the Strike—and Big Victories: A new generation of leaders ran smarter and more militant campaigns and pushed for strikes ...
wsj.com/business/unions-workers-2023-strikes-companies-da09de12
Cybertruck Is Here. How It Stacks Up Against Ford, GM, and Rivian.: What will electric truck buyers pick? A Cybertriuck, an F-150, a Silverado, or a Rivian R1T.
barrons.com/articles/cybertruck-stacks-up-ford-gm-rivian-b677ff04
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No, Chevrolet Camaro Production Hasn't Ended Yet: The historic Chevrolet Camaro is going away, but not today, and it may still come back in the near future ...
thedrive.com/news/no-chevrolet-camaro-production-hasnt-ended-yet
GM CFO Says EV Demand And Profitability Picture Aren’t So Bad
barrons.com/articles/gm-stock-ev-demand-3b873fcb
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GM and Ford EV owners to get Tesla Supercharger access as soon as February: GM and Ford EV owners are going to be the first to gain access to Tesla’s ...
electrek.co/2023/12/18/gm-ford-ev-owners-tesla-supercharger-access-february/
'A big loss': Lions will have to replace a key executive for second straight year
detroitnews.com/story/sports/nfl/lions/2024/02/28/a-big-loss-lions-will-have-to-replace-a-key-executive-for-second-straight-year/72773470007/
GM pauses sales of new Chevy Blazer EV due to software issue: General Motors announced a temporary pause in sales of the 2024 Chevrolet Blazer EV while the ...
foxbusiness.com/markets/gm-pauses-sales-new-chevy-blazer-ev-due-software-issue
NFL has ample qualified women vying to be general managers. It's up to owners to shed bias.
usatoday.com/story/sports/nfl/columnist/bell/2023/12/21/nfl-female-general-manager-could-be-coming-but-only-if-owners-step-up/71996621007/
Cadillac reveals three-row Vistiq to round out electric SUV lineup: Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle ...
cnbc.com/2023/12/14/cadillac-reveals-three-row-vistiq-to-round-out-electric-suv-lineup.html
UAW ratifies labor deal with General Motors: General Motors' (GM.N) tentative labor deal with the United Auto Workers (UAW) union has clinched ratification ...
reuters.com/business/autos-transportation/gms-labor-deal-with-uaw-clinches-ratification-2023-11-16/
Quick Glance: GM Workers' Contract Likely to Pass Despite Worker's Discontent
- Photographed on September 15, 2023 at General Motors' Wentzville Assembly Plant in Wentzville, Missouri.
- On October 30, UAW President Shawn Fain announced a contract deal with General Motors, praising the workers for their relentless fight.
- A significant number of GM workers voted against the record contracts, including a majority at some of the company's largest plants.
- Workers at GM's Arlington Assembly plant voted for the contract, while Ford workers were more positive, and the voting at Stellan in the Toledo Assembly Complex of Stellantis is pending.
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