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GENERAL MOTORS (NYSE: GM) STOCK QUOTE

Last Trade: US$50.29 0.39 0.78
Volume: 3,979,243
5-Day Change: 8.08%
YTD Change: 40.01%
Market Cap: US$57.330B

LATEST NEWS FROM GENERAL MOTORS

GreenStockNews
WASHINGTON , June 25, 2024 /PRNewswire/ -- GM Defense, a subsidiary of General Motors, is providing commercial battery electric technology in support of the University of Texas at Arlington (UTA) Pulsed Power and Energy Laboratory (PPEL) and Naval Surface Warfare Center Philadelphia Division (NSWCPD). The project, Evaluation... Read More
DETROIT , June 11, 2024 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has approved a new share repurchase authorization to repurchase up to $6 billion of the company's outstanding common stock. "The investments GM made in its brands and product portfolio over the last several years, and the company's operating discipline, are delivering consistently strong revenue growth, margins... Read More
Bridgestone was named as one of General Motors' top global suppliers of 2023, marking the company's ninth consecutive and 22 nd overall recognition for this award. Bridgestone and Firestone brands recently developed cutting-edge tire technologies for General Motors, including key fitments for the Chevrolet Blazer EV and Chevrolet Blazer EV Police Pursuit vehicles. Bridgestone was one of 86 suppliers to receive the honor out... Read More
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WASHINGTON , May 20, 2024 /PRNewswire/ -- GM Defense, a subsidiary of General Motors , and Mistral Inc., a provider of high-performance, reliable and innovative solutions to U.S. defense and federal agencies, announced the integration of the innovative UVision and Mistral's Hero-120 loitering munition with GM Defense's light... Read More
This marks the tenth time the company has been awarded this recognition BELLEVILLE, Mich. , April 25, 2024 /PRNewswire/ -- General Motors ("GM") has recognized Ascent Global Logistics ("Ascent"), a leading global provider of expedited, time-critical logistics solutions, as a 2023 Supplier of the Year. GM recognized 86 of its top global suppliers at its 32nd annual Supplier of the Year event in Miami, Florida , earlier this... Read More
DETROIT , April 23, 2024 /PRNewswire/ -- General Motors Co . (NYSE: GM) today reported first-quarter 2024 revenue of $43.0 billion , net income attributable to stockholders of $3.0 billion and EBIT-adjusted of $3.9 billion . GM is also updating its 2024 full-year earnings guidance: Updated 2024 Guidance Previous 2024 Guidance Net income attributable to stockholders $10.1 billion - $11.5 billion $9.8 billion - $11.2 billion... Read More
DETROIT , April 22, 2024 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a second-quarter 2024 cash dividend on the company's outstanding common stock of $0.12 per share payable June 20, 2024 , to all common shareholders of record as of the close of trading on June 7, 2024 . General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is... Read More
WARREN, Mich. , April 19, 2024 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH) was named a 2023 Supplier of the Year by General Motors ("GM"). GM celebrated honorees at its 32 nd annual Supplier of the Year event in Miami, Florida last week. A global, cross-functional GM team rigorously selects Supplier of the Year award winners based on performance, innovation, cultural alignment with GM's values, and... Read More
GM Energy's initial product offerings for home customers are now available for purchase through a newly launched e-commerce platform Flexible GM Energy bundle offerings and software integration through GM vehicle brand apps provide customers with greater control over personal energy management between vehicle, home and other products Energy Live platform provides educational resource to learn more about benefits of personal... Read More
GreenStockNews
WASHINGTON , April 12, 2024 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), has selected Hendrick Motorsports as its 2023 Supplier of the Year. The award recognizes global suppliers that distinguish themselves by exceeding requirements, in turn providing defense and government customers with innovative... Read More
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PLEASANTON, Calif. , March 7, 2024 /PRNewswire/ -- Neural Propulsion Systems (NPS) , a pioneer in software-defined radar, today announced it secured a $17.5 million Series B funding round. The round is led by Cota Capital with contributions from GM Ventures , the venture capital arm of General Motors Co. (NYSE: GM), and RTX... Read More
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GM Defense's Infantry Squad Vehicle completes grueling off- and on-road tests across complex terrain WASHINGTON , March 6, 2024 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), announced its Infantry Squad Vehicle (ISV) completed the 2023 UAE Armed Forces Summer Trials hosted by the United Arab Emirates... Read More
SDVerse serves as a ‘matchmaking’ platform between buyers and sellers of embedded automotive software Focuses on matching automotive software buyers and sellers, over captive software development The digital platform increases transparency and reduces inefficiencies in software development and procurement Ampere*, FEV, Forvia, HL Mando, NXP Semiconductors, TTTech Auto, and Valeo lead a “Launch Partner” group supporting... Read More
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Developed in partnership with General Motors, Girl Scouts' new playbook will serve as a comprehensive guide for adults, geared to get girls of all grade levels interested in science, technology, engineering and mathematics (STEM). NEW YORK , Feb. 7, 2024 /PRNewswire/ -- Today, Girl Scouts of the USA (GSUSA), the largest... Read More
DETROIT , Jan. 30, 2024 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported fourth-quarter 2023 revenue of $43.0 billion , net income attributable to stockholders of $2.1 billion and EBIT-adjusted of $1.8 billion . GM reported full-year 2023 revenue of $171.8 billion , net income attributable to stockholders of $10.1 billion and EBIT-adjusted of $12.4 billion . The chart below summarizes GM's 2023 financial guidance... Read More
DETROIT , Jan. 29, 2024 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a first-quarter 2024 cash dividend on the company's outstanding common stock of $0.12 per share payable March 14, 2024 , to all common shareholders of record as of the close of trading on March 1, 2024 . This represents a 33% increase over GM's previous quarterly dividend. General Motors (NYSE:GM) is... Read More
Ken Morris and Josh Tavel named to new leadership roles in product development under GM President Mark Reuss Rory Harvey to assume leadership responsibility for all global regions; Marissa West named senior vice president and president, GM North America Global Product Development leader Doug Parks to retire after nearly 40 years DETROIT , Dec. 13, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) is making several changes... Read More
GreenStockNews
Award comes as GM Defense delivers OEM integrated vehicles under development contract WASHINGTON , Nov. 30, 2023 /PRNewswire/ -- The U.S. Department of State has awarded GM Defense LLC, a subsidiary of General Motors (GM), a 10-year Indefinite Delivery Indefinite Quantity (IDIQ) full-rate production contract to deliver the... Read More
DETROIT , Nov. 29, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today it is reinstating its full-year 2023 earnings guidance. In addition, the company announced a $10 billion accelerated share repurchase (ASR) program and its intention to increase its common stock dividend by 33% beginning with the January 2024 declaration. "GM will deliver very strong profits in 2023 thanks to an exceptional portfolio of... Read More
GreenStockNews
National organizations spurring interest in STEM careers among communities historically underrepresented in STEM fields WASHINGTON , Nov. 9, 2023 /PRNewswire/ -- On November 11 , in partnership with Blue Star Families, First Book and General Motors are hosting a Veteran's Day STEM Book Family Festival to distribute 35,000... Read More
DETROIT , Oct. 24, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported third-quarter 2023 revenue of $44.1 billion , net income attributable to stockholders of $3.1 billion and EBIT-adjusted of $3.6 billion . An overview of GM's quarterly results and financial highlights appears below. Conference Call for Investors and Analysts GM Chair and CEO Mary Barra and GM Chief Financial Officer Paul Jacobson will host a... Read More
DETROIT , Oct. 23, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a fourth-quarter 2023 cash dividend on the company's outstanding common stock of $0.09 per share payable Dec. 14, 2023 , to all common shareholders of record as of the close of trading on Dec. 1, 2023. General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is... Read More
WASHINGTON , Oct. 10, 2023 /PRNewswire/ -- GM Defense LLC , a subsidiary of General Motors (GM), and Anduril Industries, Inc. announced a teaming agreement, establishing a framework to collaborate on defense program capture activities. The team is focused on delivering autonomy solutions, battery electrification and other new propulsion technologies, as well as those integrating the full range of Anduril technologies onto GM... Read More
GreenStockNews
LONDON , Sept. 13, 2023 /CNW/ -- GM Defense LLC, a subsidiary of General Motors (GM), and NP Aerospace signed a collaborative Memorandum of Understanding (MOU) to develop cooperative research and development, post-production support, and global logistics and sustainment for integrated vehicles, power and propulsion, autonomy... Read More
TechMet-Mercuria Participated in the $60 Million Series B, led by GM TechMet-Mercuria will Serve as Exclusive Lithium Procurement Agent for Mitra Chem MOUNTAIN VIEW, Calif. , Sept. 13, 2023 /PRNewswire/ -- Mitra Future Technologies Inc. ("Mitra Chem"), a leading innovator in North American production of lithium-ion battery materials, today announced that TechMet-Mercuria ("TMM") has invested in its current Series B round and... Read More
Mitra Chem is developing a portfolio of Iron-Based Cathodes for Tier-1 Automotive and Energy Storage Supply Chains Only U.S. Based Company Producing IRA Consumer Tax Credit Eligible Next Generation Iron-Based Cathodes Funding will be Used for Investing in Accelerating Commercialization and Scaling Partnerships MOUNTAIN VIEW, Calif. , Aug. 16, 2023 /PRNewswire/ -- Mitra Future Technologies Inc. ("Mitra Chem"), a leading... Read More
Vehicle-to-Home (V2H) rollout across new Ultium-based EVs anticipated by model year 2026 Expanding access to V2H technology will allow customers to experience even more EV benefits V2H technology offers customers greater control over energy management, helping to strengthen energy independence DETROIT , Aug. 8, 2023 /PRNewswire/ -- General Motors announced today that it will expand vehicle-to-home (V2H) bidirectional... Read More
GreenStockNews
Generous support from sponsors, including Fiserv and General Motors, helped make the triennial event an unforgettable and empowering experience for Girl Scouts from around the world. NEW YORK , July 27, 2023 /PRNewswire/ -- Girl Scouts of the USA (GSUSA), the largest girl-led organization in the world, held its 56th triennial... Read More
DETROIT , July 25, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported second-quarter 2023 revenue of $44.7 billion , net income attributable to stockholders of $2.6 billion and EBIT-adjusted of $3 .2 billion. The results include a $792 million charge for new commercial agreements GM has with LG Electronics and LG Energy Solution. The charge reflects the conscious decision GM made during the Chevrolet Bolt EV... Read More
DETROIT , July 24, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a third-quarter 2023 cash dividend on the company's outstanding common stock of $0.09 per share payable Sept. 14, 2023 , to all common shareholders of record as of the close of trading on Sept. 1, 2023 . General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is... Read More
WASHINGTON , June 29, 2023 /CNW/ -- GM Defense announced that it incorporated GM Defense Canada, in alignment with GM Defense International, which was established in 2022. As GM Defense expands and pursues additional international programs, the formation of GM Defense Canada will strengthen the business' ability to support efforts to modernize the Canadian Armed Forces. "The new entity strengthens our ability to develop... Read More
GreenStockNews
WASHINGTON , June 27, 2023 /PRNewswire/ -- GM Defense , a subsidiary of General Motors, was selected by the Department of Defense's (DoD) Defense Innovation Unit (DIU) to prototype an energy storage unit. GM Defense's solution will meet the requirements of DIU's Stable Tactical Expeditionary Electric Power (STEEP) program.... Read More
Element 25 Limited (E25) and General Motors LLC (GM) sign definitive agreement for the supply of battery grade high-purity manganese sulphate (HPMSM) for GM's EV battery requirements. Element 25 to supply GM with manganese sulfate required to scale EV capacity in North America beyond 1 million units annually. Element 25 plans to build its first manganese sulfate facility in the U.S. which will process manganese mined in... Read More
GM will begin to integrate the North American Charging Standard (NACS) in new EVs starting in 2025 GM customers will be able to access 12,000 Tesla Superchargers and growing beginning in early 2024 Builds on progress made to-date through the Ultium Charge 360 initiative to expand access for residential, work and public charging DETROIT , June 8, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today a... Read More
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Complex planned to produce Cathode Active Material (CAM) and Precursor CAM (pCAM) for 360,000 EVs annually New investment expanding the Ultium CAM joint venture, projected to exceed $1 billion , which includes an additional CAM and a precursor facility for local on-site processing of critical minerals GM's partnerships,... Read More
WASHINGTON , May 30, 2023 /CNW/ -- GM Defense and Black Sage Technologies announced a teaming agreement to explore the development of a Counter Unmanned Aerial System (C-UAS) solution for use on GM Defense military vehicles provided to global defense and government customers at Canadian Association of Defence and Security Industries (CANSEC) 2023. The two companies will collaborate on the research, development and market... Read More
DETROIT , April 25, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported first-quarter 2023 revenue of $40.0 billion , net income attributable to stockholders of $2.4 billion and EBIT-adjusted of $3 .8 billion. GM is also updating its full-year 2023 earnings guidance: U.S. GAAP net income attributable to stockholders of $8.4 billion - $9.9 billion , compared to the previous outlook of $8.7 billion - $10.1... Read More
DETROIT and SEOUL, South Korea , April 25, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) and Samsung SDI announced today they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin operations in 2026. "GM's supply chain strategy for EVs is focused on scalability, resiliency, sustainability and cost-competitiveness. Our new relationship with... Read More
DETROIT , April 24, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a second-quarter 2023 cash dividend on the company's outstanding common stock of $0.09 per share payable June 15, 2023 , to all common shareholders of record as of the close of trading on June 2, 2023 . General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is... Read More
Nanoramic receives investment from GM Ventures to advance the development of low-cost, high-performance EV batteries BOSTON , April 19, 2023 /PRNewswire/ -- Nanoramic Laboratories ("Nanoramic") today announced that GM Ventures, the venture capital arm of General Motors Co. (NYSE: GM), has made a strategic investment in a leading energy storage and advanced materials company, Nanoramic. The collaboration focuses on joint... Read More
WASHINGTON , April 13, 2023 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors (GM), has awarded Hendrick Motorsports with its 2022 Supplier of the Year distinction. The Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding requirements, in turn providing defense and government customers with innovative technologies and high-quality solutions. Supporting GM Defense's... Read More
Siemens receives 6 th Supplier of the Year award for exceeding GM's requirements, providing innovative technologies and delivering among the highest quality in the automotive industry PLANO, Texas , April 13, 2023 /PRNewswire/ -- General Motors recognized Siemens Digital Industries Software as a 2022 Supplier of the Year. GM celebrated honorees at its 31st annual Supplier of the Year event in San Antonio, Texas , earlier... Read More
AUBURN HILLS, Mich. , April 13, 2023 /PRNewswire/ -- General Motors recognized Alps Alpine North America, Inc. as a 2022 Supplier of the Year. GM celebrated honorees at its 31 st annual Supplier of the Year event in San Antonio, Texas , earlier this week. GM's Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing customers with innovative... Read More
Advanced refining technology has potential to fully optimize North American lithium recovery and make EV production more affordable and sustainable AUSTIN, Texas and DETROIT , April 11, 2023 /PRNewswire/ -- Energy Exploration Technologies Inc. ("EnergyX") and General Motors Co. (NYSE: GM) today announced that GM Ventures is leading a $50 million Series B financing round in EnergyX, and has entered into a strategic agreement... Read More
WARREN, Mich. , April 5, 2023 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ:ULH) was named a 2022 Supplier of the Year by General Motors ("GM"). GM celebrated honorees at its 31 st annual Supplier of the Year event in San Antonio, Texas , last week. GM's Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing customers with innovative... Read More
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WASHINGTON , April 5, 2023 /PRNewswire/ -- GM Defense LLC, a subsidiary of General Motors, said today that the U.S. Army provided a full-rate production decision for the Infantry Squad Vehicle (ISV). GM Defense won the initial $214.3 million contract to develop the light and agile all-terrain troop carrier to transport a... Read More
NORTHVILLE, Mich., April 04, 2023 (GLOBE NEWSWIRE) -- General Motors recognized Tenneco as a 2022 Supplier of the Year. GM celebrated honorees at its 31 st annual Supplier of the Year event in San Antonio, Texas, last week. GM’s Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM’s requirements, in turn providing customers with innovative technologies and among the highest... Read More
This is the ninth time Ascent has received this award BELLEVILLE, Mich. , March 30, 2023 /PRNewswire/ -- General Motors recognized Ascent, a leading global logistics company, as a 2022 Supplier of the Year. GM celebrated honorees at its 31 st annual Supplier of the Year event in San Antonio, Texas , earlier this week. GM's Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM's... Read More
SEOUL, South Korea , March 28, 2023 /PRNewswire/ -- General Motors recognized global automotive thermal and energy management solutions supplier Hanon Systems as a 2022 Supplier of the Year. GM celebrated honorees at its 31 st annual Supplier of the Year awards ceremony held on March 22 in San Antonio, Texas . GM's Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM's... Read More
Teams to collaborate on technology advancements and co-investment in future programs ABU DHABI , UAE , Feb. 21, 2023 /PRNewswire/ -- GM Defense LLC , a subsidiary of General Motors (GM), and the Tawazun Council signed a collaborative Memorandum of Understanding (MOU) today as the first step toward a formal partnership to develop future products in the areas of advanced mobility and power solutions. The MOU was signed at the... Read More
MALTA, N.Y. and DETROIT , Feb. 9, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM's chip supply. Through this first-of-its-kind agreement, GF will manufacture for GM's key chip suppliers at GF's advanced semiconductor facility in upstate New York bringing a critical process... Read More
DETROIT , Feb. 1, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a first quarter 2023 cash dividend on the company's outstanding common stock of $0.09 per share payable Thursday, March 16, 2023 , to all common shareholders of record as of the close of trading on Friday, March 3, 2023 . General Motors (NYSE:GM) is a global company focused on advancing an... Read More
DETROIT , Jan. 31, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported fourth-quarter 2022 revenue of $43.1 billion , net income attributable to stockholders of $2.0 billion and EBIT-adjusted of $3.8 billion . GM's full-year 2022 revenue was $156.7 billion , net income attributable to stockholders was $9.9 billion and EBIT-adjusted was a record $14.5 billion . Results were at the high-end of the company's... Read More
GreenStockNews
Thacker Pass in Nevada is the largest known source of lithium in the United States GM to receive exclusive access to Phase 1 production Material sourced from Lithium Americas will help support EV eligibility for consumer incentives under the U.S. clean energy tax credits DETROIT AND VANCOUVER, BC , Jan. 31, 2023 /PRNewswire/... Read More
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STERLING HEIGHTS, Mich. and WASHINGTON , Jan. 30, 2023 /PRNewswire/ -- American Rheinmetall Vehicles ( Sterling Heights, MI ) and GM Defense LLC ( Washington, DC ) have won a contract for the first phase of the U.S. Army's Common Tactical Truck (CTT) Program. The aim of the multi-phased program is to replace the Army's family... Read More
Financing in Connection with Aspen's PyroThin® Thermal Barrier Capacity Expansion NORTHBOROUGH, Mass. , Nov. 29, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) (" Aspen " or the "Company"), a technology leader in sustainability and electrification solutions, today announced that its wholly-owned subsidiary, Aspen Aerogels Georgia LLC, together with the Company and Aspen Aerogels Rhode Island, LLC have entered into a... Read More
Company outlines key near term performance indicators NEW YORK , Nov. 17, 2022 /PRNewswire/ -- General Motors Co. (NYSE: GM) expects its rapidly growing portfolio of electric vehicles will be solidly profitable in 2025 in North America as the company scales EV capacity in the region to more than 1 million units annually, ramps up its software revenue opportunities, generates significant greenhouse gas benefits and realizes... Read More
TORONTO and DETROIT , Nov. 17, 2022 /PRNewswire/ -- Vale Canada Limited, a subsidiary of Vale S.A., and General Motors Co. (NYSE: GM), announced today they have signed a term sheet for the long-term supply of battery grade nickel sulfate from Vale's proposed plant at Bécancour, Québec, Canada . This agreement secures for GM a supply of nickel sulfate from a U.S. free-trade partner to support its fast-growing EV production... Read More
DETROIT and OSLO, Norway , Nov. 16, 2022 /PRNewswire/ -- Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE: NEL), has entered into a joint development agreement with General Motors (NYSE: GM) to help accelerate the industrialization of Nel's proton exchange membrane (PEM) electrolyzer platform. By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolyzers, the two companies are looking to enable... Read More
New collaboration will study how electric vehicles, chargers and batteries can enhance energy reliability and build grid resiliency San Diego Gas & Electric (SDG&E) and General Motors (GM) today announced an agreement to investigate the feasibility of integrating bidirectional Electric Vehicles (EVs) into the electric grid as a local energy resource. Following GM’s announcement of its newest business unit, GM Energy, the... Read More
Based on current projections, GM has reached its goal of securing enough renewable energy to power all of its U.S. sites by 2025 As one of the earliest adopters of renewable energy among corporate purchasers, GM has already realized positive cash flows from its portfolio, and expects to continue to do so GM's long-term investments in local renewable energy projects support grid resiliency, as well as job growth and retention... Read More
General Motors Co . (NYSE: GM) today reported third-quarter net income attributable to stockholders of $3.3 billion and EBIT-adjusted of $4.3 billion driven by record third-quarter revenue of $41.9 billion . GM reaffirms its full-year earnings guidance. Downloads GM Chair and CEO Mary Barra's letter to shareholders Earnings deck Detailed quarterly results with year-over-year comparisons Results Overview Three Months Ended... Read More
General Motors Co. (NYSE: GM) announced today that its Board of Directors has declared a fourth quarter 2022 cash dividend on the company's outstanding common stock of $0.09 per share payable Thursday, Dec. 15, 2022 , to all common shareholders of record as of the close of trading on Friday, Dec. 2 , 2022. General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and... Read More
GM Energy will consist of Ultium Home, Ultium Commercial and Ultium Charge 360, expanding business opportunities to include energy management services and drive growth beyond the core vehicle portfolio GM Energy's solutions are designed to provide customers with more seamless and integrated energy management and help improve grid resiliency A growing number of large-scale companies across the U.S. have already signed on to... Read More
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GM Defense, a subsidiary of General Motors , was selected by the Defense Innovation Unit (DIU) to develop a battery pack prototype for testing and analysis on Department of Defense platforms. GM Defense will leverage GM's most advanced battery technology, the Ultium Platform, as it works to meet DIU's requirement for a... Read More
Collaboration focuses on increasing energy density and cost reduction in future GM EV batteries GM Ventures participates in OneD's Series C $25 million funding round General Motors Co. (NYSE: GM) and OneD Battery Sciences announced today the execution of a joint research development agreement focused on the potential use of OneD's silicon nanotechnology in GM's Ultium battery cells to drive significant increases in energy... Read More
Lithion Recycling Inc. ("Lithion") and General Motors Co. (NYSE: GM) today announced that GM Ventures, the automaker's investment arm, has made a strategic investment in Lithion's Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion's advanced battery recycling technology. This collaboration between GM and Lithion will focus on: Validation... Read More
Hertz plans to order up to 175,000 EVs from GM over the next five years Hertz to offer Chevrolet, Buick, GMC, Cadillac and BrightDrop EVs across multiple vehicle categories Deliveries of Chevrolet Bolt EV and Bolt EUV expected to begin in the first quarter of 2023 Hertz (NASDAQ: HTZ) and General Motors Co. (NYSE: GM) today announced an agreement in which Hertz plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and... Read More
New Climate Equity Collaborative will focus on addressing impacts of climate change on vulnerable communities, youth GM will donate $1 million to the Collaborative from its Climate Equity Fund GM and the National Wildlife Federation gear up for Climate Week with an EV road trip from Detroit to New York City with climate advocate, musician and UN Youth Leader AY Young General Motors has announced that it has joined the... Read More
General Motors Co. (NYSE: GM) announced today that its Board of Directors has authorized the reinstatement of a quarterly cash dividend on the company's outstanding common stock at a rate of $0.09 per share. The first dividend will be paid on Sept. 15, 2022 , to shareholders of record as of the close of business on Aug. 31, 2022 . GM also announced it will resume opportunistic share repurchases. This week, the Board... Read More
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American Rheinmetall Vehicles, a leading developer of tactical wheeled and tracked combat vehicles and systems has formed a strategic collaboration with GM Defense LLC, to compete in the U.S. Army's Common Tactical Truck (CTT) program. The CTT program seeks to identify a replacement platform for the Army's Family of Heavy... Read More
New INRIX school zone study highlights Safety View's sophisticated cloud-based analytics capabilities designed for Vision Zero plans and Safe Streets and Roads for All program Today, General Motors (NYSE: GM) and INRIX Inc. , a world leader in mobility analytics and connected car services, announced that Safety View by GM Future Roads & INRIX is now widely available to transportation planners nationwide. The cloud-based... Read More
General Motors Co. (NYSE: GM) announced today the pricing of two series of senior unsecured fixed rate notes for a total of $2.25 billion . These notes include $1.0 billion of 5.40 percent notes due in 2029 and $1.25 billion of 5.60 percent notes due in 2032. The offering is expected to settle on August 2, 2022 . GM intends to use the net proceeds from the sale of the notes to finance or refinance, in whole or in part,... Read More
General Motors Co. (NYSE: GM) announced today it has launched an offering of senior unsecured fixed rate notes. GM intends to use the net proceeds from the sale of the notes to finance or refinance, in whole or in part, eligible projects described in GM's Sustainable Finance Framework. Additionally, GM has filed a registration statement, including a prospectus and preliminary prospectus supplement, with the SEC for this... Read More
General Motors Co. (NYSE: GM) today reported second-quarter net income attributable to stockholders of $1.7 billion and EBIT-adjusted of $2.3 billion , in line with the earnings update the company issued on July 1 . GM continues to expect to meet its full-year earnings guidance. Downloads Q2 earnings deck, including GM Chair and CEO Mary Barra's letter to shareholders Detailed quarterly results with year-over-year... Read More
GM Defense, a subsidiary of General Motors , was selected by the U.S. Army to provide a battery electric vehicle for analysis and demonstration. GM Defense will leverage the GMC HUMMER EV, featuring GM's Ultium Platform, to meet the U.S. Army's requirement for a light to heavy duty battery electric vehicle to support reduced reliance on fossil fuels both in the operational and garrison environments. "This award showcases GM... Read More
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Powered by EVgo eXtend, this network will help enable long-distance electric travel across the U.S. To accelerate the widespread adoption of EVs, increase access to charging and help enable long-distance electric travel of people and vehicles across the U.S., GM and Pilot Company (Pilot and Flying J) are collaborating on a... Read More
GM Defense is taking an important step to further expand its offerings across the globe by announcing a newly formed entity, GM Defense International. The new entity will extend GM Defense's reach into global markets in support of U.S. allies and partners' transition to a more electric, autonomous and connected future. GM Defense will continue to operate as a subsidiary of its parent company, General Motors, reporting into... Read More
Highlights: OnStar selected RapidDeploy Radius Mapping, a proven solution in Public Safety, because of its advanced geographical information system (GIS) technology, relevant Internet of Things (IoT) data, and unified communications. With this latest commitment, RapidDeploy is expanding into new markets beyond Public Safety. RapidDeploy Radius Mapping will be available in OnStar call centers, which supports its delivery of... Read More
Mapbox and General Motors (NYSE:GM) today announced that it will speak, sponsor, and host a virtual booth at Informa AutoTech Detroit , hosted by Wards Intelligence. GM and Mapbox will present how their collaboration is accelerating the pace of innovation for navigation and infotainment, and how the Mapbox platform supports GM's commitment to delivering best-in-class customer experiences throughout a vehicle's lifetime. WHO:... Read More
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GM Defense LLC is expanding its global strategy to Canada , leveraging the existing relationships of GM Canada along with the advanced technologies and capabilities of its parent company, General Motors , with the aim of delivering efficient and innovative solutions to international military, security and government customers.... Read More
As an approved supplier of fully bundled, best-in-class telematics solutions, Geotab can now offer the Geotab Integrated Solution for GM to government agencies across the country, reducing RFP cycles and providing them an array of benefits As the top telematics provider for government agencies across North America, Geotab , a global leader in IoT and connected transportation, today announced that the Geotab Integrated... Read More
Red Hat, Inc., the world's leading provider of open source solutions, and General Motors (NYSE:GM) today announced a collaboration to help advance software-defined vehicles at the edge. The companies expect to expand an ecosystem of innovation around the Red Hat In-Vehicle Operating System , which provides a functional-safety certified Linux operating system foundation intended for the ongoing evolution of GM’s Ultifi... Read More
Safety View by GM Future Roads & INRIX is a cloud-based analytics application leveraging connected vehicle, public safety and demographic data designed for Vision Zero plans and U.S. Department of Transportation Safe Streets and Roads for All program Today, General Motors (NYSE: GM) and INRIX Inc. , a world leader in mobility analytics and connected car services, announced a collaboration to develop safety solutions to help... Read More
The National Association of Manufacturers' (NAM) Manufacturing Leadership Council has selected GM Defense, a subsidiary of General Motors, as a winner of the 2022 Manufacturing Leadership Award in the Operational Excellence category. NAM provides annual recognition to transformative projects and outstanding operational leaders shaping the future of global manufacturing. GM Defense opened a 75,000 square-foot,... Read More
GM is prioritizing equitable climate action to help ensure its all-electric future is inclusive for current and future workforce, customers and communities. The company launched a $50 million philanthropic fund with a focus on initiatives aimed at helping to close equity gaps in the transition to EVs. Factory ZERO, GM's first fully-dedicated EV assembly plant, opened in Michigan. GM announced nearly $750 million in charging... Read More
General Motors Co. (NYSE: GM) today reported first-quarter earnings driven by improved production and robust customer demand in North America . GM expects full-year 2022 net income in a range of $9.6 billion - $11.2 billion and is reaffirming its earnings guidance of EBIT-adjusted in a range of $13.0 billion - $15.0 billion . Downloads GM Chair and CEO Mary Barra's letter to shareholders Q1 earnings deck Detailed quarterly... Read More
This innovative supplier pledge incorporates environmental, social and governance standards. Suppliers commit to achieving carbon neutrality for Scope 1 and 2 emissions and confirm they have advanced management systems in place for labor and human rights, ethics and sustainable procurement practices through a third-party assessment by EcoVadis. Fifty-three percent of GM's tier 1 material annual purchase value has already... Read More
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SKF , a leading global manufacturer of bearings, seals, and lubrication, has been named an Overdrive Award winner as part of GM's 30th annual Supplier of the Year awards. First presented in 2012, the Overdrive Award is a distinction reserved for suppliers who display outstanding achievement across the Global Purchasing and... Read More
Worthington Industries, Inc. (NYSE:WOR) today announced that the Company was named a GM Supplier of the Year winner in General Motors’ 30 th annual Supplier of the Year awards. This is Worthington’s second consecutive year achieving this distinction. “We are honored to be recognized again as a GM Supplier of the Year, especially since 2021 came with its fair share of supply challenges worldwide,” said Worthington Industries... Read More
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New EV series expected to go on sale in 2027 starting in General Motors (NYSE: GM) and Honda today announced plans to expand the two companies' relationship to a new chapter by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. The companies... Read More
General Motors recognized Conduent (Nasdaq: CNDT) as a 2021 Supplier of the Year. GM celebrated honorees at its 30 th annual Supplier of the Year awards ceremony in Phoenix, Arizona earlier this month. GM’s Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM’s requirements, in turn providing GM customers with innovative technologies and among the highest quality in the... Read More
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Gentex Corporation (NASDAQ:GNTX) was recently recognized by General Motors as a 2021 Supplier of the Year during GM’s 30 th annual Supplier of the Year awards ceremony in Phoenix, Arizona. GM’s Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM’s requirements – in turn providing... Read More
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General Motors recognized GP Strategies as a 2021 Supplier of the Year. GM celebrated honorees at its 30 th annual Supplier of the Year awards ceremony in Phoenix, Arizona , last week. GM's Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing GM... Read More
General Motors recognized Henniges Automotive as a 2021 Supplier of the Year. GM celebrated honorees at its 30th annual Supplier of the Year awards ceremony in Phoenix, Arizona , last week. GM's Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing GM customers with innovative technologies and among the highest quality in the automotive industry.... Read More
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Axalta (NYSE: AXTA) Mobility, a leading global coatings supplier that delivers world-class color and superior protection to vehicle bodies, was recognized by General Motors as a 2021 Supplier of the Year in the paint category. Last week, GM celebrated honorees at its 30 th annual Supplier of the Year awards ceremony in... Read More
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PyroThin ® Aerogel Technology Incorporated into GM's Ultium Battery Platform, Enhancing Performance and Safety Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, has been named an Overdrive Award winner as part of GM's 30th Annual... Read More
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General Motors recognized global automotive thermal and energy management solutions supplier Hanon Systems as a 2021 Supplier of the Year. GM celebrated honorees at its 30 th annual Supplier of the Year awards ceremony in Phoenix, Arizona , earlier this week. GM's Supplier of the Year award recognizes global suppliers that... Read More
Recognition honors companies demonstrating exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance and governance practices Ethisphere, a global leader in defining and advancing the standards of ethical business practices, today recognized General Motors as one of the 2022 World's Most Ethical Companies . GM remains the only OEM automaker on the list and has been for the past... Read More
GM and POSCO Chemical to process cathode active material at new joint venture plant in Quebec Today, General Motors Co. (NYSE: GM) and POSCO Chemical announced that they are working with the governments of Canada and Quebec to build a new facility in Bécancour, Quebec , estimated at $400 million ( C$500 million ). The new facility will produce cathode active material (CAM) for GM's Ultium batteries, which will power electric... Read More
General Motors , with Marcus by Goldman Sachs® and Mastercard, recently launched the My GM Rewards Card™ , a new rewards credit card built to reward customers at almost every turn. This exciting launch supports GM’s customer-centric brand experience with the added value of streamlined, rewarding financial experiences from Marcus. The card unlocks a rewards experience that only GM can offer, allowing Cardmembers to use points... Read More
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Today, General Motors announced it will expand on its philanthropic commitment to equitable climate action by doubling its Climate Equity Fund, dedicating a total of $50 million to help close equity gaps in the transition to electric vehicles and other sustainable technology. This is in addition to the company's commitment to... Read More
General Motors Co. (NYSE: GM) announced today an investment of more than $7 billion in four Michigan manufacturing sites, creating 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. This is the single largest investment announcement in GM history. The investment includes construction of a new Ultium Cells battery cell plant in Lansing and the conversion of... Read More
Today, General Motors (NYSE: GM) launched the all-new My GM Rewards loyalty program for Chevrolet, Buick, GMC, and Cadillac customers, featuring three membership tiers and new ways to redeem, unlocking a new world of appreciation for rewards members. My GM Rewards is the most comprehensive Automotive Loyalty program for members. Today also marks the launch of the all-new My GM Rewards Card, in collaboration with Marcus by... Read More
GM announced this week that its next-generation hands-free driver assist system, Ultra Cruise , will be powered by a scalable compute architecture featuring system-on-chips developed by American semiconductor company Qualcomm Technologies, Inc. GM will be the first company to use the Qualcomm Technologies' Snapdragon Ride™ Platform for advanced driver assistance technology, which features a 5-nanometer Snapdragon™ SA8540P... Read More
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Pure Watercraft, a leading manufacturer of electric boats and propulsion systems, today unveiled its groundbreaking all-electric pontoon boat at CES and opened pre-orders on its web site. This is the first product to result from Pure Watercraft's collaboration with General Motors (NYSE: GM). Pure Watercraft's affordable luxury... Read More
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Ascent , a leading global logistics company, was named a GM Supplier of the Year winner in General Motors' 29th annual Supplier of the Year awards. GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by... Read More
General Motors (NYSE: GM) and POSCO Chemical today announced plans to form a joint venture through which the parties will construct a factory in North America to process critical battery materials for GM's Ultium electric vehicle platform. The joint venture will process Cathode Active Material (CAM), a key battery material that represents about 40 percent of the cost of a battery cell. The location of the facility, which... Read More
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General Motors (NYSE: GM) announced today it has acquired a 25 percent ownership stake in Pure Watercraft, a Seattle -based company that specializes in creating all-electric boating solutions. The collaboration between GM and Pure Watercraft advances a shared vision to promote sustainability through an expansion of... Read More
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Premier electric vehicle (EV) charging solution provider EV Connect announced today that the Company is one of the approved EV Charging solutions providers to support the deployment of charging at General Motors' dealerships (NYSE: GM) across the U.S and Canada . As an approved platform to support GM's EV dealerships, EV... Read More
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GM Defense LLC welcomed Deputy Secretary of Defense Kathleen Hicks earlier today at the GM Technical Center, highlighting how GM's defense and government-facing business will support the Department of Defense (DoD) in becoming a more electric, autonomous and connected organization, now and into the future. Secretary Hicks and... Read More
General Motors Co. (NYSE: GM) today reported third-quarter earnings that include strong price and mix performance in North America , the benefit of the company's recall cost recovery agreement with LG Electronics and the continued strong financial results at GM Financial. As a result, the company is on track to deliver full-year 2021 EBIT-adjusted earnings approaching the high end of its guidance range. Downloads GM Chair... Read More
General Motors Co. (NYSE: GM) will release its third-quarter 2021 financial results on Wednesday, Oct. 27 , at approximately 7:30 a.m. ET , followed by a conference call for financial analysts at 10 a.m. ET . Financial materials will be available on the company's Investor Relations website, http://investor.gm.com , in the Earnings Release section, and on GM's media website, http://media.gm.com . Conference call details are... Read More
GM Defense LLC , a subsidiary of General Motors, today announced that Lieutenant General (Retired) John "JD" Johnson has joined the company's growing leadership team as vice president of Business Development. Johnson will be responsible for identifying growth opportunities among military and government customers that align with GM Defense's core capabilities, including integrated vehicles, power and propulsion, and mobility... Read More
Unlocking growth in EVs through the Ultium hardware platform and leadership in software and services through the Ultifi platform Planning to double annual revenues and expand EBIT-adjusted margins to 12 to 14 percent Leading the race to commercialize AVs Launching new businesses to add customers and diversify revenues Increasing investment in EV charging General Motors Co. (NYSE: GM) today provided a detailed roadmap of how... Read More
Today, General Motors unveiled Ultra Cruise, an all-new, advanced driver-assistance technology and significant next step in the company's journey to enable its goal of zero crashes, zero emissions and zero congestion. Designed to ultimately enable hands-free driving in 95 percent of all driving scenarios, Ultra Cruise eventually can be used on every paved road in the U.S. and Canada . Ultra Cruise will cover more than 2... Read More
Two-day investor event will detail GM's innovative approach to growth with transparent key financial metrics, featuring: GM's dual platform strategy for hardware and software and how it will drive growth New business initiatives and technologies, including next-generation Ultra Cruise Plans to rapidly scale EV manufacturing, with more than 50 percent of North America and China plants capable of EV production by 2030 Updates... Read More
General Motors Co. (NYSE: GM) announced today that transformational technology leader Aneel Bhusri , the co-founder, co-CEO and chairman of Workday, Inc., is joining its Board of Directors. GM now has 13 directors with the addition of Bhusri. The company's 12 independent directors have senior leadership and board experience in manufacturing, information technology, digital commerce, retail, higher education, investment... Read More
General Motors today named Edward Kummer as chief digital officer, effective Oct. 16 . Kummer will be responsible for building and delivering a holistic digital business guided by GM's Growth Strategy, leading a newly formed Digital Business team, and accelerating software investments that will redefine consumer expectations. He will report to GM President Mark Reuss . Kummer was president of Nordstrom Rack's online business... Read More
Today, General Motors (NYSE: GM) and Wolfspeed, Inc. (NYSE: WOLF) announced a strategic supplier agreement to develop and provide silicon carbide power device solutions for GM’s future electric vehicle programs. Wolfspeed’s silicon carbide devices will enable GM to install more efficient EV propulsion systems that will extend the range of its rapidly expanding EV portfolio. The silicon carbide will specifically be used in... Read More
As GM pursues carbon-neutral commitment, company expects to source 100 percent renewable energy in the U.S. by 2025 GM teams with PJM and TimberRock to launch a new carbon tracking system to monitor and reduce emissions in real time Today, General Motors announced that it plans to source 100 percent renewable energy to power its U.S. sites by 2025 – five years earlier than previously announced, and 25 years ahead of its... Read More
General Motors ’ OnStar Business Solutions has teamed up with Motorq , the connected car API company, to help promote safer driving behaviors through a new In-Vehicle Coaching* service offered to fleet customers. The In-Vehicle Coaching service provides fleet managers and drivers with real-time, verbal feedback regarding specific driving behaviors to help create awareness and encourage safer driving habits. Fleet owners set... Read More
Today, GMC and General Motors are announcing the launch of a multi-year collaboration with the Marcus Graham Project (MGP), a non-profit organization founded to help aspiring BIPOC leaders find careers in the marketing, media and advertising industry by investing in exposure, training and mentorship. The collaboration is the first contractual multi-year commitment for MGP and comes on the heels of the expanded commitment... Read More
The U.S. Department of State has awarded GM Defense LLC, a subsidiary of General Motors , a contract to develop and validate next generation Large Support Utility Commercial Vehicles (SUV) for future fleet production in support of the Department's Diplomatic Security Service (DSS). As part of the total development contract valued at $36.4 million , GM Defense will create a purpose-built Heavy-Duty (HD) Suburban, building 10... Read More
General Motors and AT&T* will bring 5G cellular connectivity to millions of GM vehicles coming off the assembly line over the next decade in the United States . GM and AT&T are working together to set the benchmark for automotive connectivity with a fifth generation cellular network architecture to meet the needs of an all-electric and autonomous future. GM and AT&T are collaborating to build a high performance 5G core... Read More
EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”) today announced results for the second quarter ended June 30, 2021. Revenue increased to $4.8 million for the second quarter of 2021, compared to $4.1 million for the first quarter of 2021. The Company is seeing increased revenue due to overall increases in EV adoption, uptake of EVgo’s products and offerings, and a customer count now exceeding 275,000, all resulting in a... Read More
General Motors Co. (NYSE: GM) today reported strong second-quarter earnings while continuing to accelerate its EV and AV growth initiatives. The company successfully prioritized production of its highest demand vehicles, gained significant retail market share in the full-size pickup segment in the United States and benefited from strong pricing and mix. Additionally, high used vehicle prices due to low new vehicle... Read More
Young people are taking to the road this summer to reunite with friends and family, with many opting to travel via car rather than public transportation to practice social distancing. To help young people safely enjoy their summer travel, DoSomething.org and General Motors have launched the " Road to Self-Care " campaign, which aims to spread awareness about the inextricable link between mental health and driving safety.... Read More
General Motors Co. (NYSE: GM) will release its second-quarter 2021 financial results on Wednesday, Aug. 4 , at approximately 7:30 a.m. ET , followed by a conference call for financial analysts at 10 a.m. ET . Financial materials will be available on the company's Investor Relations website, http://investor.gm.com , in the Earnings Release section, and on GM's media website, http://media.gm.com . Conference call details are... Read More
Alps Alpine Co., Ltd. (TSE: 6770; President & CEO: Toshihiro Kuriyama ) was named a GM Supplier of the Year winner in General Motors' 29th annual Supplier of the Year awards. GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing GM customers with innovative... Read More
Ivanhoe Capital Acquisition Corp. ("Ivanhoe") (NYSE: IVAN), a publicly-listed special purpose acquisition company (SPAC), today announced it has entered into a definitive agreement for a business combination with SES Holdings Pte. Ltd. ("SES"), the world leader in the development and manufacturing of high-performance hybrid Lithium-Metal (Li-Metal) rechargeable batteries for electric vehicles ("EVs"). The transaction will... Read More
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SKF , a leading global manufacturer of bearings, seals, and lubrication, has been named a GM Supplier of the Year by General Motors for 2020. This is the ninth time that SKF has received this award. The annual awards highlight GM's top 2020 calendar year suppliers from 16 countries who have exceeded GM's requirements and... Read More
Brose was named a General Motors (GM) Supplier of the Year winner in GM's 29 th annual Supplier of the Year awards. GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing GM customers with innovative technologies and among the highest quality in the... Read More
General Motors has agreed to form a strategic investment and commercial collaboration with Controlled Thermal Resources to secure local and low-cost lithium. This lithium will be produced through a closed-loop, direct extraction process that results in a smaller physical footprint, no production tailing and lower carbon dioxide emissions when compared to traditional processes like pit mining or evaporation ponds. Lithium is... Read More
New $25 million climate-equity-focused philanthropic fund to complement GM's $35 billion investment in EV and AV programs globally through 2025 GM Chair and CEO Mary Barra reinforces the need for equity considerations as the industry accelerates toward an all-electric future GM reinforces its focus on bringing its current workforce along while helping to build a diverse pipeline of talent as it advances its zero-emissions... Read More
Worthington Industries, Inc. (NYSE:WOR) today announced that the Company was named a GM Supplier of the Year winner in General Motors’ 29 th annual Supplier of the Year awards. “The Supplier of the Year award is one of GM’s highest honors and we are grateful for the long-term partnership we’ve built together,” said Worthington Industries Steel Processing President Jeff Klingler. “It’s especially meaningful to receive this... Read More
Conduent Incorporated (Nasdaq: CNDT) was named a GM Supplier of the Year winner in General Motors’ 29th annual Supplier of the Year awards. GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by exceeding GM’s requirements, in turn providing GM customers with innovative technologies and among the highest... Read More
Hankook Tire was named a GM Supplier of the Year winner in General Motors' 29 th annual Supplier of the Year awards. GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing GM customers with innovative technologies and among the highest quality in the... Read More
Commonwealth//McCann was named a General Motors Supplier of the Year by General Motors during its 29 th annual Supplier of the Year Awards. This year, GM recognized 122 of its best suppliers from 16 different countries that have consistently exceeded GM's expectations, created outstanding value or introduced innovations to the company. This is the third year in a row that Commonwealth//McCann has received the award, on the... Read More
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Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it was recognized as a GM Supplier of the Year during General Motors' 29th annual Supplier of the Year ceremony. This is the 20 th time Lear has received the Supplier of the Year award. Lear was also honored with... Read More
General Motors and Shell, through its wholly owned subsidiary MP2 Energy, LLC ("Shell"), are collaborating to provide comprehensive energy solutions programs to GM's customers and supply chain partners, including fixed-rate home energy plans backed by 100 percent renewable energy resources. This program is currently available for eligible owners of Chevrolet, Buick, GMC and Cadillac vehicles in Texas . Coming this summer,... Read More
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GP Strategies (NYSE: GPX) was named a GM Supplier of the Year winner in General Motors' 29th annual Supplier of the Year awards. GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by exceeding GM's... Read More
Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, was named a GM Supplier of the Year winner in General Motors’ 29th annual Supplier of the Year awards. GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by exceeding GM’s requirements, in turn... Read More
General Motors Co. (NYSE: GM) announced today it will increase its EV and AV investments from 2020 through 2025 to $35 billion , representing a 75 percent increase from its initial commitment announced prior to the pandemic. The company's enhanced commitment will accelerate its transformative strategy to become the market leader in EVs in North America ; the global leader in battery and fuel cell technology through its... Read More
Wabtec Corporation (NYSE: WAB) and General Motors (NYSE: GM) today announced they will collaborate to develop and commercialize GM's Ultium battery technology and HYDROTEC hydrogen fuel cell systems for Wabtec locomotives. "The rail industry is on the cusp of a sustainable transformation with the introduction of batteries and hydrogen to power locomotive fleets," said Rafael Santana , CEO and president of Wabtec. "Our... Read More
Today, General Motors outlined steps it is taking to increase deliveries to dealers and customers in the United States and Canada to meet strong consumer demand for Chevrolet, Buick , GMC and Cadillac vehicles. Production of the Chevrolet Silverado HD and GMC Sierra HD full-size pickups will increase by about 1,000 trucks per month beginning in mid-July as a result of production line efficiencies delivered by the team at... Read More
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Lockheed Martin [NYSE: LMT] and General Motors Co. [NYSE: GM] are teaming up to develop the next generation of lunar vehicles to transport astronauts on the surface of the Moon, fundamentally evolving and expanding humanity's deep-space exploration footprint. NASA's Artemis program is sending humans back to the Moon where they... Read More
The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced The Hershey Co. (NYSE: HSY) as its "Stock to Study" and General Motors Co. (NYSE: GM) is its "Undervalued Stock" in the August 2021 issue for investors' informational and educational use. "As the nation's economy approaches a "return to normal," a reminder to our members and the public that no matter the investment, whether it... Read More
Ultium Cells LLC , a joint venture between General Motors and LG Energy Solution, announced an agreement today with Li-Cycle to recycle up to 100 percent of the material scrap from battery cell manufacturing. The new recycling process will allow Ultium Cells to recycle battery materials, including cobalt, nickel, lithium, graphite, copper, manganese and aluminum. Ninety-five percent of these materials can be used in the... Read More
General Motors Co. (NYSE: GM) today reported first-quarter earnings driven by strong price and mix performance in North America , strong credit and residual value performance at GM Financial, and the industry recovery in China . The company is highly confident in its full-year 2021 guidance outlined earlier this year as it works to manage through the semiconductor shortage, which is impacting automakers globally. Based on... Read More

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