But GM did experience some higher costs. Its warranty costs rose by $700 million in the quarter due in part to inflation making parts more expensive and some "issues" the automaker had to fix on ...

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 ...

"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 ...

General Motors (GM) gave investors something to cheer early Tuesday morning after the automaker raised its guidance for a third time this year, in addition to easily beating third quarter revenue ...

"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 ...

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 ...

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 ...

Mary Barra is sounding the alarm. GM’s CEO warned that China’s escalating EV price war is putting automakers globally under intense pressure. Although she called it a “race to the bottom ...

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.

One of several models offered in China, but not the U.S., is a luxury minivan called the Buick GL8. We'll send you one email per day with the latest GM news. It's totally free.

The new strategy is expected to save upwards of $200 million over the course of the 2024 calendar year. We'll send you one email per day with the latest GM news. It's totally free.