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General Motors Provides an Update on its Plans for a ‘Zero Emissions’ Electric Future at CES 2021

General Motors Provides an Update on its Plans for a ‘Zero Emissions’ Electric Future at CES 2021

With its first new logo in 50 years unveiled last week, U.S. automaker General Motors is getting ready for its electrified future. GM Chairman and CEO Mary Barra delivered the opening keynote at this year's virtual CES where she shared some updates on the company's vision of an electrified future. The automaker want to put everyone into an electric vehicle.

Eric Walz2021-01-12 16:50 PT

General Motors to Boost Investments to $27 Billion for the Development of New Electric Vehicles as the Company Transforms for the Future

General Motors to Boost Investments to $27 Billion for the Development of New Electric Vehicles as the Company Transforms for the Future

U.S. automaker General Motors (GM) is going all in on electrification in a bid to gain some ground on Tesla and other rival automakers with billions in new investments. The automaker’s total investments to develop new electric vehicles now totals $27 billion through 2025, which is more than half of GM's capital spending.

Eric Walz2020-11-19 13:00 PT

GM Reports a Loss of $806M in Q2, But Strong Demand for its Trucks Helped Offset the Impact of the Pandemic

GM Reports a Loss of $806M in Q2, But Strong Demand for its Trucks Helped Offset the Impact of the Pandemic

U.S. automaker General Motors announced its second quarter earnings on Wednesday and it appears that the automaker has weathered the impact of the global coronavirus pandemic better than analysts had predicted.

Eric Walz2020-07-29 15:45 PT

General Motors Announces a $20 Billion Investment Electrification and Reveals its New Global EV Platform as the Automaker Looks to Take on Tesla

General Motors Announces a $20 Billion Investment Electrification and Reveals its New Global EV Platform as the Automaker Looks to Take on Tesla

U.S. automaker General Motors announced today it’s making a $20 billion investment by 2025 in electrification, including new EV architecture, new models and battery cell development. The announcement was part of the automaker’s “EV Day”, an event where GM shared its strategy to grow its electric vehicle sales and transition towards an electric future.

Eric Walz2020-03-04 12:00 PT

GM Investing $24 Million in Indiana Plant to Boost Pickup Truck Production

GM Investing $24 Million in Indiana Plant to Boost Pickup Truck Production

​For General Motors, pickup trucks and SUVs are a highly profitable segment and the company is working to ramp up production. The Detroit-based automaker said on Thursday it would invest $24 million to increase truck production at its assembly plant in Fort Wayne, Indiana. The plant builds the popular Chevrolet Silverado and GMC Sierra pickup models.

Eric Walz2019-05-30 14:10 PT

General Motors Names New President, Will Double Resources for EVs and Self-driving Cars

General Motors Names New President, Will Double Resources for EVs and Self-driving Cars

General Motors today announced the appointment of Mark Reuss as company president, effective immediately. Reuss is taking over from Dan Ammann, who left his role in November 2018 to become the president of Cruise, GM’s autonomous driving unit based in San Francisco.

FutureCar Staff 2019-01-03 12:52 PT

General Motors Pushes to Retain the $7,500 EV Tax Credit

General Motors Pushes to Retain the $7,500 EV Tax Credit

General Motors is fighting to retain a valuable $7,500 electric vehicle tax credit as the company deals with the political fallout triggered by its recently announced plan to shutter several U.S. assembly plants and cut thousands of jobs. The EV tax credit is designed to promote the adoption of electric vehicles.

Eric Walz2018-12-10 17:27 PT

GM Announces Massive Restructuring Plan, Will Close up to 5 Assembly Plants & Cut Thousands of Jobs

GM Announces Massive Restructuring Plan, Will Close up to 5 Assembly Plants & Cut Thousands of Jobs

General Motors has announced a massive restructuring plan, and will close up to five North American plants and lay off nearly 14,000 workers– roughly 15 percent of its global workforce.

Xiaoli Tian2018-11-26 18:41 PT

GM adding 1,100 jobs at San Francisco Based Cruise Automation

GM adding 1,100 jobs at San Francisco Based Cruise Automation

California officials announce an $8 million dollar tax credit to hire 1,100 workers at San Francisco based autonomous driving start-up Cruise Automation.

Eric Walz2017-04-13 17:26 PT