Electric Car News Gm Electric Vehicles Still Not Profitable, Company Sees Progress
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GM bets big on electric cars even as market slows
Electric vehicle sales in the U.S. trail other major car markets where General Motors does business, which was not expected to be the case when GM first planned its broad EV portfolio. Though the ... Read More
GM plans shift shutdowns at plants that produce electric vehicles
Spring Hill makes the Cadillac Lyriq SUV and Vistiq, while Fairfax is currently closed as the facility prepares to produce the Chevrolet Bolt EV. CAMI produces the BrightDrop electric delivery van. Read More
The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles. Read More
3,300 JOBS CUT Amid Subsidy Crisis: GM's Electric Vehicle Strategy Hits a Wall
General Motors, once at the forefront of America's electric vehicle revolution, is now facing a harsh reality: plummeting demand. The automotive giant's ambitious goal of becoming a fully Zero ... Read More
EV production shifts roil GM's 3rd-quarter profits even as core autos see boost
General Motors CEO Mary Barra thanked President Donald Trump in her letter to shareholders for his latest bout of tariff relief. Barra also noted GM had its highest third-quarter market share since ... Read More
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