General Motors Stock News

The chip shortage is forcing automakers to drop key features such as heated seats, seat memory modules and infotainment features to keep producing.

The automaker had high hopes for this product launched in 2017.

This weekend''s Barron''s cover story says the Fed is facing a lot of pressure with growing concerns about a recession, although some believe the U.S. central bank can combat inflation while maintaining economic growth. Other featured articles discuss why the performance of a food delivery stock shows at-home eating will be a lasting habit, and why the director of a top automaker is buying the company stock as is drops by double digits. Also, General Electric signals that supply-chain problems aren''t going away, and a pharmaceutical company uses COVID-19 vaccine revenue to expand its pipeline of products. " The Fed Doesnt Have a Playbook to Tame Inflation While Avoiding a Recession ," by Lisa Beilfuss, says the stakes are high for the U.S. central bank, and for every professional prognosticator who is sure a recession is inevitable, theres another one predicting that the Fed can combat inflation without reversing economic growth. In "

Driver performance data and algorithms running inside EVs is creating a new insurance market for EV makers including Tesla and GM.

EV stocks turned in a mixed performance yet again in the week ending Feb. 18, as the broader market volatility continued to impact the space. EV pioneer Tesla, Inc. (NASDAQ: TSLA ) extended its slide, while Fisker, Inc. (NYSE: FSR ) was in the spotlight amid its product pipeline update and fourth-quarter earnings release. Here are the key events that happened in the EV space during the week: Tesla China Sales, Musk''s Tirade, Model 3 Loses Top Spot And More: Tesla''s China wholesale sales, including domestic sales and exports, fell from December''s record number. Nevertheless, the year-over-year growth was an astounding 285%. The company''s domestic sales trailed the EV tally of BYD Company Limited (PNK: BYDDF), which is backed by billionaire investor Warren Buffett. In a negative headline, Tesla''s Model 3 lost out to Ford Motor Company''s (NYSE: F ) Mustang Mach-E in being named Consumer Report''s 2022 Top Pick. The publication said the ranking is based on an overall score, which factors road-test score, predicted reliability, owner satisfaction, and safety.

After a hot run in 2021, GM stock is deeply in the red so far in 2022. Director Patricia Russo just bought $304,000 of shares of the auto giant.

General Motors Company (GM) subsidiary Cruise announced a big step forward with its vision to provide a safer, more sustainable and accessible transportation future. Read more.

WASHINGTON : General Motors Co and its self-driving technology unit Cruise have petitioned U.S. regulators for permission to build and deploy a self-driving vehicle that does not need human controls, Cruise said Friday.Cruise said in a blog post it sought permission to deploy the Cruise Origin that does n

Cruise plans to expand the self-driving delivery pilot it has with Walmart in Arizona, the company''s senior government affairs manager said in a recent public meeting with…

Cruise plans to expand the self-driving delivery pilot it has with Walmart in Arizona, the company’s senior government affairs manager said in a recent public meeting with state legislators. The autonomous vehicle company, which is a subsidiary of GM, is mostly focused on testing — and eventually launching — a commercial robotaxi service in California. […]

GM''s self-driving car unit Cruise plans to expand the delivery pilot with Walmart in Arizona, with plans to expand to as many as eight Walmart stores in 2022.

GM had high expectations for the industry-first feature when it launched in late-2017, but it suffered from low usage rates and lack of growth.

A Super Bowl LVI commercial came with a price cost of $6.5 million for 30 seconds of ad time. Leading electric vehicle company Tesla Inc (NASDAQ: TSLA ) didn’t run an ad but might have come away as a winner anyway. What Happened: Super Bowl LVI, which aired on Comcast Corporation (NASDAQ: CMCSA ) owned NBC, featured a handful of commercials from automobile companies with a heavy focus on a transition to electric vehicles. Among the advertisers were Toyota Motor Corp (NYSE: TM ), Kia , BMW (OTC: BMWYY ), General Motors Company (NYSE: GM ), Nissan and Polestar , which is merging with Gores Guggenheim Inc (NASDAQ: GGPI ). Some of the companies such as Polestar used ad time to show off their vehicles while also taking shots at Tesla and its CEO Elon Musk and other … Full story available on Benzinga.com

As part of the civil disobedience movement led by Anil Ghanwat, Swatantra Bharat Party had demanded to lift the GM moratorium in India, a Feed India paper has said. It also contains a chapter on…

India’s laws do not allow commercial planting of non-approved GM variants