Latest General Motors Co News

GM spending $760M to convert Toledo factory to make EV parts

Sep. 23, 2022 16:17 PM EDT

TOLEDO, Ohio (AP) — General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drive lines for electric vehicles. It's the first GM engine or transmission plant to begin the long transition from internal combustion engines...

Hertz to order up to 175K GM electric vehicles over 5 years

Sep. 20, 2022 14:12 PM EDT

Hertz plans to order up to 175,000 electric vehicles from General Motors over the next five years. The agreement announced Tuesday includes electric vehicle deliveries through 2027 and will include SUVs, pickups and luxury automobiles from Chevrolet, Buick, GMC, Cadillac and...

Parts shortage forces Ford to cut its 3Q earnings forecast

Sep. 19, 2022 19:28 PM EDT

DEARBORN, Mich. (AP) — A parts shortage that has thousands of Ford's most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast. Ford said Monday that it expects to have 40,000 to 45,000 unfinished...

Today in History: September 16, GM is founded

Sep. 16, 2022 00:01 AM EDT

Today in History Today is Friday, Sept. 16, the 259th day of 2022. There are 106 days left in the year. Today’s Highlights in History: On Sept. 16, 2001, President George W. Bush, speaking on the South Lawn of the White House, said there was “no...

GM plans $491M Indiana plant upgrade to help support EVs

Sep. 15, 2022 12:49 PM EDT

DETROIT (AP) — General Motors said Thursday it will spend $491 million to expand and upgrade an Indiana metal stamping plant for production of steel and aluminum stamped parts for “future vehicles," including electric vehicles. The automaker said it would install two new press...

A less-glitzy Detroit auto show returns after 3-year absence

Sep. 15, 2022 00:45 AM EDT

DETROIT (AP) — When it came time to showcase its electric Chevrolet Equinox SUV to the public this year, General Motors decided against doing so at the big Detroit auto show, as it typically would have done in the past. Instead, it unveiled the Equinox six days earlier. GM’s...

'Car guy' Biden touts electric vehicles at Detroit auto show

Sep. 14, 2022 18:30 PM EDT

DETROIT (AP) — President Joe Biden, a “car guy” with his own vintage Corvette, showcased his administration's efforts to promote electric vehicles during a visit Wednesday to the Detroit auto show. Biden traveled to the massive North American International Auto Show to plug...

GM's Cruise robotaxi service to expand into Phoenix, Austin

Sep. 12, 2022 19:06 PM EDT

SAN FRANCISCO (AP) — General Motors' self-driving car company on Monday announced plans to expand a robotaxi service that recently launched in California into new markets in Arizona and Texas before the end of this year. Cruise, a San Francisco startup that General Motors bought...

Rivian teams with Mercedes-Benz on electric vans

Sep. 08, 2022 13:28 PM EDT

U.S. electric vehicle maker Rivian is partnering with Mercedes-Benz to build a factory in Europe that will produce electric vans for both companies. The companies announced a memorandum of understanding Thursday and plan to create a joint-venture to create the factory within a few...

Cheaper electric vehicles coming despite high battery costs

Sep. 08, 2022 09:12 AM EDT

WARREN, Mich. (AP) — Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers. The latest came Thursday from General Motors, a Chevrolet Equinox small SUV with a starting price...