General Motors announced it will introduce new gas-powered Cadillac models starting next spring, including updated versions of the CT5 sedan, XT5 SUV, and the return of the XT6 SUV. This marks a shift from GM's earlier plan for Cadillac to sell only electric vehicles by 2030, driven by slower-than-expected EV adoption and recent U.S. regulatory changes easing emissions standards. GM has taken $10.9 billion in EV-related charges since mid-2022 and is increasing production of gas-powered engines, including V-8s. The company also plans to expand manufacturing of full-size SUVs in Michigan, moving some production from Texas.
General Motors announced its fourth-generation electric vehicle platform focused on advanced battery chemistry, a powerful central computing unit, and extensive software integration. This new platform, debuting in the 2028 Cadillac Escalade IQ, aims ...
General Motors announced plans to reduce its vehicle development cycle from four to five years down to about two years by leveraging artificial intelligence, simulation, and concurrent engineering. The company will introduce a proprietary AI assistan...
General Motors is introducing a personal AI assistant to its OnStar connected car service, starting with the 2027 Cadillac Lyriq EV. This upgrade includes a new OnStar mobile app replacing older apps, aiming to provide a more interactive, personalize...
General Motors (GM) beat earnings estimates and announced a $20 billion buyback, yet its stock dropped due to rising cost concerns. Ford offers a much higher dividend yield of nearly 5%, making it attractive for income-focused investors, while GM's y...
General Motors reported third-quarter revenue and adjusted earnings above analyst expectations, with net income more than doubling to $3.34 billion. Adjusted EBIT rose 21.6%, driven by strong sales of large pickup trucks. GM completed its previous $6...
