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GM’s First Quarter Topped Profit Expectations

General Motors has reported a first-quarter net income of $3 billion on revenue of $43 billion. The world’s largest automaker increased its guidance for the year of adjusted earnings to...

GM Energy Rolls Out New Product Suite

DETROIT – As EV technology continues to evolve, GM is working toward elevating the overall ownership experience by introducing new ways for customers to unlock additional value and gain access...

GM Moving HQ Out of RenCen into New Hudson’s Site Next Year

General Motors announced Monday it would move its global headquarters to the new Hudson's site being built by Bedrock. The move is expected in 2025.

Mustang GT4 Makes Australian Debut at Phillip Island Race

PHILLIP ISLAND, Australia — The highly anticipated Australian racing debut of the all-new Mustang GT4 is set for the iconic Phillip Island Grand Prix Circuit this weekend, April 12-14. The event,...

Ford Updates EV, Hybrid Plans, Readies Manufacturing Plants

DEARBORN, Mich. – Ford Motor Company said it is retiming the launch of upcoming electric vehicles at its Oakville, Ontario, assembly plant while continuing to build out an advanced industrial system...

GM: Retail Sales Off to ‘Fast Start’

DETROIT — General Motors Co. and its dealers increased retail sales by 6% year-over-year and delivered 594,233 vehicles in the U.S. in the first quarter of 2024, down 1.5% year-over-year...

GM’s Gerald Johnson Retires After 44 Years

DETROIT – General Motors announced the retirement of its long-serving executive vice president of Global Manufacturing and Sustainability, Gerald Johnson, after a distinguished 44-year tenure at the company. Replacing him...

Cadillac Teases Future of Zero Emissions Performance as V-Series Celebrates 20 Years

Cadillac gave the world a taste of what the future of electric performance could render, sharing a sneak peek at Opulent Velocity — a concept vehicle designed to celebrate...

Stellantis Fires 341 Part-Time Workers at Toledo Plant

Stellantis has fired some 341 workers at its Toledo Jeep plant, a local union official said Monday. The Detroit News reported that workers at the Toledo Assembly Complex received automated...

GM Producing Hydrogen Fuel Cell Trucks for Worksites

When it comes to electrification, GM is serious about introducing a range of zero tailpipe emissions vehicles and applications. From lithium-ion batteries to hydrogen fuel cells, GM is dedicated...

Rivian Cutting 10% of Salaried Workers

Rivian Automotive Inc. plans to cut 10% of its salaried workforce and set production guidance well below expectations as electric vehicle maker deals with stagnant demand and economic turbulence. The...

Displaced Military Museum Gets New Home to Preserve State’s History

The Detroit Arsenal of Democracy Museum lost its home, then watched as a Detroit business rode to the rescue.

Ford, UAW Agree on Deal Avoiding Strike at Kentucky Plant

Ford and the UAW have reached a tentative agreement that avoids a second strike in less than a year at the automaker's most-profitable plant.

Uber Plans $7 Billion Buyback in First Year of Profitability

Uber Technologies Inc. has reached the black ink. Uber announced it will buy back as much as $7 billion in shares, its first plan to return capital to shareholders after...

GM Expands Super Cruise Network to 750,000 Hands-Free Miles, Largest in North America

DETROIT – Being a leader in hands-free driving can’t happen by standing still, and winning over more happy customers means expanding access to technology through both features — like available...

GM Hires Former Tesla Exec as Battery Chief

As GM accelerates toward its vision of an all-electric future, the company continues to invest in the infrastructure and attract world-class talent to make that a reality. In the...

GM, LG Chem Sign $19 Billion Battery Supply Deal

The deal is expected to give GM the capacity to produce enough batteries to give 5 million EVs enough power for a 500-mile range on one charge.

Ford Says ’23 Profits Show Dealer’s Ability to Adapt to Customers’ Needs

Ford officials say the success of their Ford+ plan allows for customers to choose from gas, hybrid and electric vehicles.

GM, Honda Begin Commercial Production at First Hydrogen Fuel Cell System Joint Venture

BROWNSTOWN, Mich. – In a pivotal moment in the commercialization of hydrogen fuel cell systems, GM and Honda today announced the start of production at their 50-50 joint venture production...

Stellantis Names Zarlenga North America Chief Operating Officer

AMSTERDAM – Carlos Zarlenga will replace Mark Stewart to leverage further improvements in Stellantis’ performance in North America and unleash the iconic American brands portfolio potential in close cooperation...
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