Detroit automakers splurge on shareholders with big stock buybacks
General Motors, Ford and Stellantis are engaged in a race that investors are cheering now, but may look back on as foolish within a few years.
GM latest news
Ford, GM CEOs open to partnerships to compete with China
The chief executives of U.S. automakers Ford and General Motors said on Thursday they would consider partnerships to cut electric vehicle technology costs as Chinese rivals move into the U.S. and European markets.
GM insists Andretti Cadillac effort in F1 can be competitive
DAYTONA BEACH, Fla. — General Motors reiterated Friday that work with Michael Andretti on a Formula 1 entry is “continuing to develop our car at pace” and that it completely disputes F1's assertion that an Andretti Cadillac effort would not be competitive.
GM's Cruise hardware chief resigns in latest exit after operations suspended
San Francisco — The head of hardware at General Motors' Cruise self-driving unit, Carl Jenkins, said on Thursday he had resigned from the company, the latest in a series of departures since the company suspended U.S. operations in October.
GM announces a huge Super Cruise expansion
Tesla’s full self-driving system gets a lot of attention, but it’s far from the only semi-autonomous driving assistance system around. General Motors has long offered Super Cruise, a hands-free system that works on hundreds of thousands of miles of highway in the U.S. and Canada. The automaker recently announced a significant expansion of the service, nearly doubling its availability across North America.
GM’s electrification efforts have been a total gong show
EVs are terrific and they may very well be the future, but given the infrastructure challenges of both public and at-home charging, they are not realistic for a great many at this time. Their high costs also represent an iffy financial decision when you start running the numbers on EVs versus comparably sized hybrids and plug-in hybrids: yes, you’ll save money by running on electricity, but probably not enough to counter the much higher cost of entry.
GM's Cruise hires veteran Ford and Apple official to be its safety chief after crash
DETROIT — Cruise, the troubled General Motors autonomous vehicle unit, has hired a veteran automotive and technology company safety official for the critical position of chief safety officer.
GM hires ex-Tesla battery boss Kurt Kelty as newly created VP of batteries
Kurt Kelty, right, Tesla's then-director of battery technology, introduces the Model S sedan's chassis and battery pack to reporters in 2012. (Getty Images)