GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
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GM minimises losses from electric cars
According to the recently published annual report, General Motors is making progress with the cost structure of its electric ...
GM's Electric Vehicles Finally Earned More Than They Cost to Make
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
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GM cancels third production shift in Mexico
General Motors has cancelled a production shift at its Ramos Arizpe assembly plant in Mexico, which builds electric cars for ...
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How General Motors Killed the First Modern Electric Car
General Motors once led the charge in electric vehicle innovation with the EV1, a car ahead of its time. But instead of revolutionizing the auto industry, GM made a shocking decision to pull the plug.
Current Climate: Does Cutting Clean Car Rules Help Consumers?
In this week's Current Climate newsletter, rolling back vehicle efficiency rules; GM makes big moves with affordable EVs; ...
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
DETROIT – General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal ...
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Is Josh Holder Now The Corvette ICE Chief Engineer?
The History Channel may have accidentally revealed a new job title for Corvette engineer Josh Holder during the ...
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I Just Got Hit with a $140 'EV Tax' on My Tesla Registration, Apparently My Electric Bill's Tax Doesn't Count
As states grapple with declining fuel tax revenues, EV drivers, like this Tesla owner, are increasingly finding themselves ...
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GM’s Cruise to Slash 1,000 Jobs as Robotaxi Service Shutters
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...
Honda’s EV strategy ‘scattershot’, expert says, after cars revealed at CES
The 0 Series also gets an all-new in-house vehicle operating system, dubbed Asimo OS, which pays tribute to the Honda Asimo ...
Global car industry in firing line of Trump's tariffs on Mexico, Canada
U.S. President Donald Trump has pledged to place 25% tariffs on imports from Mexico and Canada from Feb. 1 if the two ...