Category: General Motors

Shift to Electric Cars Gives Design Centers a New Look, Too

Automakers are pouring money into research and development facilities, creating spaces intended for creativity and collaboration among design and engineering teams.
G.M.’s Profits Fell 18.5 Percent in the First Quarter

The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts and slower sales in China.
Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’

Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
U.S. Car Brands Will Benefit Most From Electric Vehicle Tax Breaks

Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
Automakers Face Test in Reaching U.S. Target for Electric Vehicles

New federal rules are expected to speed the transition to E.V.s, a shift that car companies have embraced but will be challenged to carry out.
In Ohio, Electric Cars Are Starting to Reshape Jobs and Companies

The state, heavily dependent on the auto industry, is a case study in whether electric vehicles will create or destroy jobs.
End of the Gas-Engine Camaro Opens a New Door for Muscle Cars

G.M. is ending production of the classic American sports car, but executives say an electric version is likely. Corvette is already planning one.
General Motors Reports 18% Rise in Quarterly Sales

G.M. cited improvements in component supplies and robust demand even in the face of higher interest rates.
Tesla Sales Jumped in the First Quarter

The electric car company’s decision to slash prices appears to have paid off in reviving demand.
New Rules Will Make Many Electric Cars Ineligible for Tax Credits

The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
United Auto Workers Usher In New Era of Leadership

Shawn Fain, who ousted the incumbent president, is presiding over a convention to chart the union’s approach in contract talks this year.
President Is Ousted in United Auto Workers Election

Shawn Fain, an insurgent, edged Ray Curry after calling for a harder line in contract talks. The union has been dogged by corruption scandals.