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 ...
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General Motors expands its electric vision through GM Energy
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.
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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 ...
General Motors Q4 Earnings Preview: EV Tax Credits, Tariffs, Political Impacts
General Motors has beaten revenue and earnings per share estimates from analysts in each of the last 9 straight quarters.
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GM's Electric Vehicles Finally Earned More Than They Cost to Make
General Motors said it achieved positive variable profitability for ... which includes money spent on labor for building the ...
Cold Fusion on MSN6d
How General Motors Killed the First Modern Electric Car
General Motors once led the charge in electric vehicle innovation with the EV1, a car ahead of its time. But instead of revolutionizing the auto industry, GM made a shocking decision to pull the plug.
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 ...
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KRA Shares Draft Tax Laws for Motor Cycles and Vehicles, Invites Kenyans to Send Comments
KRA has invited public participation in reviewing proposed tax amendments on motor vehicles, trailers, and motorcycles, ...
General Motors’ robotaxi unit lays off half of its staff, including CEO and CTO
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...
EV maker Scout Motors wants to sell directly to buyers but can't do it in its home state
South Carolina is one of about two dozen states that ban manufacturers from selling vehicles directly to consumers and instead require all new autos be purchased through a dealer. Scout would like to ...
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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 ...
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General Motors unveils Maven, its new car-sharing brand
For now, General Motors. In the future ... Along with the creation of the utilitarian Chevy Bolt electric car, GM is moving quickly to transform itself into something more than just a carmaker.