GM is struggling to keep up with China's rapid transition to new energy vehicles (NEVs) and competition from local OEMs.
GM reported pretax income rose 15.5% and revenue shot up 10% as it held its average prices high and costs in check. But there ...
GM announces another round of cost-cutting layoffs that is expected to eliminate 1,000 white-collar workers worldwide.
GM EV sales grew 192 percent to 32,095 units during Q3 2024, with Chevy and Cadillac crossovers leading the way, including ...
GM’s global market share in markets where it competes was 8.1 percent during Q3 2024, down 0.9 percentage points from the same time period a year ago. GM Financial, General Motors’ captive ...
The automaker's stock is creeping back up to pandemic highs. But can GM compete with Chinese carmakers in the EV market?
GM's Q3 revenue was also 10.5% higher than a year ago. The company booked adjusted earnings per share of $2.96, far ...
GM isn't alone in cutting personnel this year. Legacy automakers and startups have taken similar measures as markets, ...
General Motors reported Tuesday that its third-quarter revenue and pretax profits rose from the same period a year ago as GM has continued to whittle down costs and hold prices steady while demand ...
GM's Q3 revenue was also 10.5% higher than a year ago. The company booked adjusted earnings per share of $2.96, far ...