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 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 dealer Rick Hendrick pays $3.7M to own Corvette ZR1, the fastest car in US
NASCAR legend and GM dealer Rick Hendrick bought the first ZR1. While it rounds out his massive Corvette collection, that's ...
GM CEO Mary Barra: If EV demand lessens, we’d ‘happily’ ramp up gas vehicle production
GM CEO Mary Barra said the company will follow consumer demand when it comes to EV vs. internal combustion engine production.
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 ...
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 ...
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 reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for ...
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GM Announces Five Chevrolet Vehicle Launches For 2025 In Brazil
During GM’s centenary celebration of its operations in Brazil, the company announced that five new or refreshed Chevrolet ...
GM results aren't enough for investors, shares skid 9% on tariff worries
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, ...