Canada has approved the import of 49,000 Chinese-made electric vehicles (EVs) annually at a reduced tariff rate of 6.1%, significantly lower than the 100% tariff on other Chinese vehicles. This move allows Canadian auto dealers to sell Chinese EVs, with strong dealer interest and potential for Chinese brands like BYD, Geely, and Chery to enter the market. While some industry groups and U.S. officials express concern, Canadian consumers show curiosity and optimism about more affordable EV options. The limited quota aims to balance market access with protection for domestic and established foreign automakers.
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...
