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GM’s epically bad year still earned it $10 billion – but that’s not due to EV sales

Baua Electric

GM released its annual forecast with fresh clarity, it says, about labor costs after the ink has dried on new union contracts in North America. GM forecasts its total US auto industry sales to hit 16 million in 2024, but it has dropped its goal of making 400,000 EVs through mid-2024. of its total volume.

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UAW strikes: GM shuts down Kansas plant and lays off 2,000 workers

Teslarati

General Motors (GM) has shut down a manufacturing plant in Kansas and laid off the site’s roughly 2,000 workers after the automaker stated plans to do so last week. The news comes as the latest amidst strikes from the United Auto Workers (UAW) union targeting Ford, GM and Stellantis. What are your thoughts?

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Honda to step up its game with new electric motorcycles and EVs

Teslarati

With the popularity of electric vehicles continuously rising, legacy automakers like Honda are reevaluating their place in the general auto industry. Honda’s Electric Vehicle Lineup The Japanese automaker seems certain about the future of the global auto industry and appears ready to act on its beliefs.

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Rivian IPO: What you need to know

Teslarati

Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 billion) and Ford Motor Company ($79.65 And as the company approached the production of the R1T pickup truck and R1S SUV, its losses grew. ” Conclusion.

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BrightDrop: GM’s silent push into electric commercial vehicles

Charged EVs

Many US drivers now have a vague idea that General Motors is doing something with electric vehicles. They’ve seen Super Bowl ads for the GMC Hummer EV , or heard news about the lengthy, painful Chevrolet Bolt EV battery recall. So, creating a new, all-electric brand may have been the smart decision.

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It’s a green light for electric vehicles! Aussie CO2 standard tough on Toyota, SUVs and utes

EV Central

Previewed in an Impact Analysis published on Sunday (February 4), the newly renamed National Vehicle Efficiency Standard (NVES), will impose tough CO2 emissions limit on passenger vehicles, SUVs, utes and vans that ramp up around 12 per cent per year from 2025 to 2029 under the government’s preferred model.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobile industry. This news story has been successfully emailed to you friend(s). Those prices are much lower than that of General Motors Corp.s Gasgoo.com | ?? | in late 2010.

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