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 ...
GM just hit a huge EV milestone as the auto industry faces a tumultuous year
It's not easy to profit off EVs, but GM just took a big step in the right direction.
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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 ...
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 ...
GM Authority17h
GM Expects This EV Wholesale Target In 2025
GM continues to grow is all-electric vehicle business, recently setting its sights on an ambitious wholesale electric vehicle ...
After robotaxi failure, GM software bet turns to driver assistance
General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to ...
stocknews18h
3 Electric Vehicle Manufacturers Accelerating the EV Revolution
EV manufacturers are driving the EV revolution forward, fueled by rising consumer demand, technological progress, and ...
Hoodline19h
GM Announces Record Profit-Sharing Checks of Up to $14,500 for Workers Amid Financial Ups and Downs
GM announced profit-sharing checks up to $14,500 for 45,000 U.S. hourly workers, a record linked to its strong pre-tax ...
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Trump is taking aim at electric vehicles. He may not have the power to change things all that much
President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not ...
GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United ...