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LG Energy Solution Revives Ohio Battery Plant with GM
BusinessKorea Herald23d ago

LG Energy Solution Revives Ohio Battery Plant with GM

LG Energy Solution is preparing to restart production at its Ohio battery plant with General Motors after a six-month shutdown, signaling an improved outlook for the electric vehicle industry amid recovery in global demand.

Mercedes EV Sales Rise 28% Despite Overall Sales Decline
BusinessobservadorYahoo1mo ago2 sources

Mercedes EV Sales Rise 28% Despite Overall Sales Decline

Mercedes-Benz reported a decrease in overall sales, but its electric vehicle (EV) sales saw a significant increase of 28%. This trend indicates a shift in consumer preference towards electric models, even as the broader market faces challenges.

BusinessNHK World1mo ago

GM and Lockheed Martin partner to accelerate weapons production

US automotive giant General Motors and aerospace defense firm Lockheed Martin announced a partnership on June 16. The collaboration is reportedly aimed at accelerating weapons production, possibly in response to declining missile inventories and a push from the Trump administration amidst geopolitical tensions.

Controversial Automotive Manager 'Superlópez' Dies
Businessla-vanguardia2mo ago

Controversial Automotive Manager 'Superlópez' Dies

The engineer known as 'Superlópez', a controversial figure in the automotive industry during the 1980s and 90s, has passed away. He once presided over General Motors globally and was later accused of industrial espionage after moving to Volkswagen.

General Motors Expands Energy Storage for AI Data Centers
Businessbloombergseeking-alpha2mo ago2 sources

General Motors Expands Energy Storage for AI Data Centers

General Motors is increasing its focus on energy storage solutions to power its growing AI data centers. This strategic move echoes similar initiatives by other major companies like Ford, as GM pivots towards sustainable energy infrastructure for its technological expansion.

GM Pivots to Energy Storage Batteries Amid Flagging EV Sales
BusinessNYTFTcnbc2mo ago3 sources

GM Pivots to Energy Storage Batteries Amid Flagging EV Sales

General Motors is expanding its business into energy storage batteries for electric utilities, data centers, and AI, as it seeks to capitalize on growing demand and counter weak electric vehicle sales, also exploring new battery chemistries like sodium-ion to challenge Chinese dominance.

General Motors Stock Performance Analyzed by Analysts
FinanceYahoo3mo ago

General Motors Stock Performance Analyzed by Analysts

Analysts have provided estimates and ratings for General Motors stock, offering insights into the automotive giant's financial outlook and market position. This report summarizes expert opinions on GM's investment potential.

GM Raises 2026 Financial Outlook Following Tariff Ruling
BusinessYahooseeking-alpha3mo ago2 sources

GM Raises 2026 Financial Outlook Following Tariff Ruling

General Motors has increased its adjusted EBIT outlook for 2026, projecting $13.5 billion to $15.5 billion, following a recent tariff ruling. The company's revised forecast also acknowledges ongoing Iran-related cost uncertainties.

General Motors Beats Q1 Estimates, Raises Profit Outlook
FinanceYahooseeking-alpha3mo ago2 sources

General Motors Beats Q1 Estimates, Raises Profit Outlook

General Motors reported stronger-than-expected first-quarter earnings and revenue, leading the company to raise its profit forecast for fiscal year 2026. This performance was achieved despite EV realignment and was partly aided by a Supreme Court ruling reducing tariff costs.

Ford Holds Key Advantage Over GM
FinanceYahoo3mo ago

Ford Holds Key Advantage Over GM

This report highlights a significant area where Ford maintains a competitive advantage over General Motors, detailing the implications for the automotive industry.

GM Shifts Towards Subscription-Based Services
BusinessBusiness Insider23d ago

GM Shifts Towards Subscription-Based Services

General Motors is increasingly focusing on becoming a subscriptions company, with CEO Mary Barra reporting significant growth in the company's subscription base and strong revenue from services like OnStar.

GM Reports First Revenue Growth in Over a Year
Businessmarketwatchiefimeridaseeking-alpha24d ago3 sources

GM Reports First Revenue Growth in Over a Year

General Motors' stock rebounded after the company reported its first revenue growth in over a year, indicating a positive shift in its financial performance. Marsh & McLennan also announced strong financial results, beating revenue and EPS estimates.

GM Q2 Profit Expected to Be Higher Amid Strong Demand
Businessseeking-alpha25d ago

GM Q2 Profit Expected to Be Higher Amid Strong Demand

General Motors is anticipated to report higher profits for the second quarter, driven by strong vehicle demand and robust margin strength. Analysts are focusing on these factors as the company prepares to release its earnings.

GM Explores Using EVs to Power the Grid
BusinessYahoo2mo ago

GM Explores Using EVs to Power the Grid

General Motors is exploring initiatives to allow electric vehicles to contribute power back to the grid, potentially transforming how EVs interact with energy infrastructure.

Ex-FBI Director Comey Charged Over Alleged Trump Threat
PoliticsAPReutersBBC+91bloombergNYTwsjFTle-mondewapoThe GuardianNPR+83 more3mo ago94 sources

Ex-FBI Director Comey Charged Over Alleged Trump Threat

Former FBI Director James Comey has been indicted for a second time, facing charges related to an Instagram photo allegedly threatening President Trump. Legal experts have raised concerns about the indictment's potential First Amendment implications.

GM and Chinese Automaker Extend Joint Venture for 20 Years
Politicscnbc9d ago

GM and Chinese Automaker Extend Joint Venture for 20 Years

General Motors and its Chinese joint venture partner have extended their agreement for another 20 years, despite ongoing geopolitical tensions between the U.S. and China. The renewed partnership will focus on domestic sales of Buick and Cadillac in China and exporting Chevrolet products built in China to non-U.S. markets.

Noah Kahan Criticizes Trump White House for Using His Song
PoliticsFox Newsirish-independent16d ago2 sources

Noah Kahan Criticizes Trump White House for Using His Song

Pop star Noah Kahan has expressed his anger after the Trump White House used his hit song 'American Cars' in a promotional video for General Motors without his permission. Kahan publicly slammed the White House for the unauthorized use of his music.

Various Companies Report Q2 Earnings
BusinessYahooseeking-alpha24d ago2 sources

Various Companies Report Q2 Earnings

Several companies, including Charles Schwab, MSCI, Wintrust Financial, and General Motors, have released their Q2 earnings reports. While some companies like Charles Schwab beat earnings expectations, others faced disappointments, such as higher expenses.

GM CFO aims to conclude EV restructuring efforts
BusinessYahoo24d ago

GM CFO aims to conclude EV restructuring efforts

General Motors' Chief Financial Officer has expressed a desire to finalize the company's electric vehicle (EV) restructuring efforts. This indicates a push to move past the current phase of reorganization in its EV division.

General Motors partners with Micron
BusinessYahoo1mo ago

General Motors partners with Micron

General Motors (GM) has announced a partnership with Micron. The article investigates the reasons behind this collaboration between the automotive giant and the semiconductor company.

Businessbloomberg1mo ago

GM-Backed Momenta Nears Hong Kong IPO

Momenta, a self-driving firm backed by General Motors, is reportedly nearing an initial public offering (IPO) in Hong Kong. This move could provide significant capital for the autonomous driving technology company.

GM and UAW Face High-Stakes Factory Rift
BusinessYahoo1mo ago

GM and UAW Face High-Stakes Factory Rift

General Motors (GM) and the United Auto Workers (UAW) union are confronting a sudden and high-stakes dispute concerning factory operations. This rift could have significant implications for both parties.

GM Develops Lunar Vehicles for Future Moon Missions
TechnologyBusiness Insideriefimerida2mo ago2 sources

GM Develops Lunar Vehicles for Future Moon Missions

General Motors is developing new vehicles designed to operate on the Moon, aiming to bring its rapid development process, exemplified by the Hummer EV, to lunar exploration. These vehicles are intended to support future missions to the lunar surface.

Major Companies Release Quarterly Earnings: Carlsberg and Norsk Hydro Report Results
BusinessAPReutersbloomberg+14NYTyle-uutisetcnbcfazberlingskerzeczpospolitavgYahoo+6 more3mo ago17 sources

Major Companies Release Quarterly Earnings: Carlsberg and Norsk Hydro Report Results

Several prominent companies, including Deutsche Bank, Norsk Hydro, and Carlsberg, have released their latest quarterly financial results, with some exceeding expectations while others, like Vale, missed targets. Many also provided future revenue and earnings forecasts, reflecting a mixed corporate performance landscape.