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 ...
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GM And Hyundai To Sign Deal For Joint Parts Purchasing
GM and Hyundai have announced a new deal to cooperate in a joint vehicle parts purchasing plan, as well as coordination in ...
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 ...
How GM Topped Tesla To Become One Of The Fastest-Growing U.S. EV Makers
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
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Hot, New Electric Cars That Are Coming Soon
That brand announced that its 0 SUV would be on sale in the first ... help increase overall vehicle efficiency by up to 25 percent. Based on GM’s Ultium modular electric platform, the two ...
GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025
DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the ...
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 ...
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Hyundai Could Supply GM With Electric Commercial Vehicles
General Motors could offer rebadged versions of Hyundai’s ST1 or PBV lineup in America. This means the PV5 could eventually replace or be sold alongside the Chevrolet Express and GMC Savana.