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Reuss said GM had eliminated 2,700 unique parts, including seat assemblies and wiring harnesses, from its inventory. On average, the company is seeing a 10% reduction in total part numbers per ...

According to The New York Times, GM will collect around $800 million in subsidies from the government for manufacturing EV batteries in the US thanks to the Biden administration’s Inflation ...

That means GM is selling cars at higher average prices this year than it was in 2023. Its average transaction price in North America reached nearly $50,000. GM last year estimated that the strike ...

"With a majority of auto parts coming from China, automotive supply chains will be affected." On Tuesday, just hours after GM reported it made $4.1 billion in pretax adjusted income in the third ...

GM stock has gained 34% this year, driven by expectations of improving profitability and higher truck sales. This compares to rival Ford stock, which has seen its stock fall by almost 10% over the ...

"GM will begin winding down operations at Kapuskasing Proving Grounds, which has made significant contributions to GM’s North American cold weather testing for over 50 years," GM Canada ...

General Motors Co (NYSE:GM) showcases resilience with a market share rebound and robust financial performance. GM's strategic initiatives and financial acumen position it well amidst industry ...

General Motors (GM) sees more electrified financials in its future. GM CFO Paul Jacobson told Yahoo Finance on Tuesday the company is eyeing $2 billion to $4 billion of additional improvements in ...

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GM's incentive spend in the quarter as a percentage ... its seen with the "winning with simplicity" program to reduce parts and increase efficiency across the automaker's lineup.