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Stories Tagged as

General Motors

Why are EVs still so expensive? It's all about the battery.

by Lily Jamali
Sep 9, 2022
GM is launching an electric version of its Chevy Equinox SUV with a price tag that starts around $30,000. It's hoping to reach a broader market.
The batteries that power EVs — while cheaper than they used to be — remain stubbornly expensive compared to internal combustion engines.
Justin Sullivan/Getty Images
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Stock buybacks: the pros and cons for companies and investors

by Lily Jamali
Aug 19, 2022
GM plans to buy back $5 billion worth of its own stock. Why do critics love to hate this corporate maneuver?
General Motors says it will buy back $5 billion worth of its own stock, but critics say the company could use the money to pay workers more or advance green initiatives.
Mario Tama/Getty Images
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Who will buy Cadillac's $300,000 EV?

by Matt Levin
Jun 27, 2022
The limited-edition, electric Celestiq is expected to carry a very, very high-end price tag. It might help Cadillac refresh its image.
Cadillac could become a rival to Telsa in the high-end electric vehicle market.
Saul Loeb/AFP via Getty Images
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What will the Chevy Bolt recall mean for the electric car market?

by Marielle Segarra
Aug 23, 2021
People will often accept risks posed by things they know — like gas-powered cars — but not things that are new to them.
A Chevy Bolt electric vehicle on display at a 2016 auto show. General Motors is recalling the car after at least 10 documented battery fires.
Frederic J. Brown/AFP via Getty Images
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Extended downtime for GM plants doesn't mean workers are losing their jobs

by Andy Uhler
Feb 10, 2021
The company says there's a semiconductor shortage, and it will reassess the situation in mid-March
Vehicles go through the assembly line at the General Motors Lansing Delta Township Assembly Plant on Feb. 21, 2020, in Lansing, Michigan.
Bill Pugliano/Getty Images
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A Warmer World

More electric vehicles promised, but are fleet owners ready?

by Sabri Ben-Achour
Jan 29, 2021
There isn’t a lot of experience or trust on which to base calculations about durability and cost savings for electric vehicles.
Consumers may need more concrete data on the benefits of electric vehicles before they commit.
Jewel Samad/AFP via Getty Images
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GM accelerates plans for zero-emissions vehicles

by Mitchell Hartman
Jan 29, 2021
The move by the auto giant signals a shift as companies look to meet worldwide climate change goals.
GM plans to become carbon neutral in its global products and operations by 2040. Pictured: GM CEO and Chairman Mary Barra speaks at a gathering on GM's electric vehicle technologies on March 4, 2020 in Warren, Michigan.
Steve Fecht for General Motors
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GM makes U-turn in Trump's fight over California emissions

by David Brancaccio , Nova Safo and Alex Schroeder
Nov 24, 2020
GM had previously sided with the Trump administration in a legal fight over California setting its own emissions standards.
General Motors CEO Mary Barra speaks to the news media before the automobiile maker's annual meeting of shareholders at GM world headquarters June 12, 2018 in Detroit, Michigan.
Bill Pugliano/Getty Images
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How do striking autoworkers feel about the tentative GM agreement?

by Jack Stewart
Oct 17, 2019
There are some concessions the union had been pushing for, but the closure of the Lordstown, Ohio, plant remains a sticking point.
A United Auto Workers member carries a copy of the contract settlement agreement outside of a UAW GM Council meeting in Detroit on Thursday.
Jeff Kowalsky/AFP via Getty Images
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GM and union reach tentative deal that could end strike

by Associated Press
Oct 16, 2019
Details of the four-year agreement have yet to be released.
Workers left their jobs early Sept. 16.
Bill Pugliano/Getty Images
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