Auto Execs Say Consumer Demand Remains Strong
GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.
June 16, 2022
GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.
June 16, 2022
The company plans to delay filling some open positions after hiring 7,000 new salaried workers already in 2022.
May 24, 2022
General Motors hopes its Ultium platform, which consists of batteries, motors, software and other components, will help it grow EV market share and overtake Tesla as the No. 1 EV maker.
May 18, 2022
The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.
May 3, 2022
General Motors has requested its suppliers to sign a pledge of carbon neutrality and commit to social responsibility programs and sustainable procurement practices.
April 27, 2022
The number of potentially affected vehicles has also fallen with 4,622,752 vehicles affected so far.
March 2, 2022
Global auto and truck makers suspended some business in Russia in response to the country’s invasion of Ukraine last week.
February 28, 2022
GM entered a deal with semiconductor chip manufacturers to keep its North American assembly lines in production.
February 9, 2022
GM reported a net profit of $10 billion for 2021 and reported full-year pretax rose 47% to hit a record $14.3 billion.
February 1, 2022
The White House hosted the chief executives of major U.S. companies including auto and tech sector firms this week to discuss President Joe Biden's $1.75 trillion Build Back Better legislation.
January 26, 2022
The new rating system requires safeguards that help drivers stay focused and not treat systems, such as Tesla's Autopilot and Volvo's Pilot Assist, as self-driving cars.
January 21, 2022
GM adds 45,000 readily available maintenance and repair parts for purchase on Chevrolet.com and other brand websites.
January 20, 2022
The policy reversal will make GM eligible for government fleet purchases by the State of California.
January 13, 2022
The lowest sales recorded in December went to Toyota Motor Corp., Honda Motor Co., Hyundai and Kia, which posted sales drops for the fifth consecutive month.
January 6, 2022
Toyota sold 2.332 million vehicles in the U.S. in 2021, compared to 2.218 million vehicles for General Motors.
January 4, 2022
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