The inventory of new GM vehicles at dealerships – including vehicles in transit to dealers – surged by 30 percent in the fourth quarter (Q4) of 2024, according to inventory data from The General.
GM has cut funding to Cruise and will merge the self-driving technology startup with its own technical teams GM will continue developing self-driving technology for use in privately owned vehicles ...
General Motors' decision to pivot away from robotaxis has one big critic: the Cruise founder Kyle Vogt. Vogt, who resigned from the company in 2023, posted on the social-media platform X following ...
GM is on a path to go all-electric by 2035. Trump has also talked about repealing the $7,500 federal tax credit that consumers get on certain EV purchases. Barra said the tax credit is driving EV ...
But it’s also good to be a legacy giant looking to get back on the radar if you’re General Motors (GM). After slumping during the COVID-19 years, “without a doubt as far as the earnings and ...
The company made the announcement late Tuesday afternoon, with GM spokesman Kevin Kelly telling the Detroit Free Press that GM sees a better business opportunity with personal vehicle autonomy ...
At every turn of the road, GM chair and CEO Mary Barra has reinforced the mantra that 2024 was the "year of execution." Barra and her team made good on that promise to investors who were yearning ...
“This is the latest in a series of decisions that GM has announced that underscore our focus on having the right technology for the future of our company and the industry,” Mary ...
The decision to instead focus on providing autonomous technology in personal vehicles followed a year of GM trying to refocus ... Waymo was valued at about $30 billion during a fundraising round ...
GM is dropping robotaxi efforts “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market,” the company said ...
GM is partnering with ChargePoint to build out a new EV charging network under the GM Energy brand, the companies announced today. GM plans to install up to 500 DC fast-charging ports at stations ...