GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM's Electric Vehicles Finally Earned More Than They Cost to Make
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
GM’s electric vehicles are finally making money — sort of
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
General Motors CEO flags growing industry threats
"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 ...
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GM minimises losses from electric cars
According to the recently published annual report, General Motors is making progress with the cost structure of its electric ...
EV Tax Credit On The Chopping Block, Threatening Tesla And General Motors
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
‘We’ve got to move forward’ - Michigan electric vehicle industry responds to Trump policy changes
President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of ...
New car average transaction prices flirt with record highs and GM, Ford EV sales soar
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall ...
Cadillac gives the Lyriq a race car-inspired glow-up
The Cadillac Lyriq was the first of a new breed of General Motors' electric vehicles. Built around a common battery platform ...