The Daily Overview on MSNOpinion
EV demand slump triggers 700 temp layoffs at a GM plant
General Motors is tapping the brakes on one of its flagship electric vehicle projects, temporarily idling a key battery plant ...
General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is ...
Fast Lane Only on MSNOpinion
GM invests another $550M to boost US gasoline vehicle production
General Motors is pouring fresh capital into its U.S. assembly footprint to keep gasoline-powered vehicles rolling off the ...
General Motors’ ambitious electric vehicle strategy is delivering another wave of collateral damage, this time striking a key supplier and its workforce. The Detroit Free Press reports that Avancez, ...
General Motors (GM) is drawing attention as several top technology leaders have left the company amid a company-wide ...
GM is taking $1.6 billion in charges as it rolls back its ambitious EV plans. The Detroit automaker said it expects electric vehicle adoption to slow as Trump scraps subsidies. In 2021, CEO Mary Barra ...
GM indicated that the adoption rate of EVs is anticipated to decline following the cessation of certain consumer tax incentives. Credit: Linda Parton / Shutterstock.com General Motors (GM) has ...
Electric vehicle sales in the U.S. trail other major car markets where General Motors does business, which was not expected to be the case when GM first planned its broad EV portfolio. Though the ...
Automotive News reports that GM said in a recent regulatory filing that it approved a $1.6 billion charge on realigning its EV plans. $1.2 billion of that is for adjustments to EV capacity, and the ...
General Motors Co. CEO Mary Barra said Thursday that electric vehicles are still the Detroit automaker's "North Star," even as the company pulls back production to match limited demand. “From an EV ...
General Motors is aware of its current electric cars’ shortcomings, and it has every intention of addressing the main issues with its next-gen cars. At the launch of the 2026 Cadillac Lyriq-V, Vehicle ...
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