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 ...
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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General Motors expands EV vision through GM Energy initiative
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.
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General Motors partners with ChargePoint on game-changing upgrades for drivers: 'As ubiquitous as possible'
"Fast and easy charging for all." General Motors partners with ChargePoint on game-changing upgrades for drivers: 'As ...
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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 are finally making money — sort of
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
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GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
Honda’s Merger With Nissan Is Probably Over Before It Even Began
Plus Elon Musk’s politics are putting buyers off in Europe and General Motors slashed 1,000 jobs from its autonomous Cruise ...
General Motors Q4 Earnings Preview: EV Tax Credits, Tariffs, Political Impacts
General Motors has beaten revenue and earnings per share estimates from analysts in each of the last 9 straight quarters.
General Motors’ robotaxi unit lays off half of its staff, including CEO and CTO
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...
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General Motors Q4 Earnings Preview: EV Tax Credits, Tariffs, Political Impacts
Get the Real Story Behind Every Major Earnings Report Questions about tariffs, electric vehicles and the new White House administration could dominate General Motors Co GM fourth-quarter financial ...