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GM recalls 50,000 vehicles in Canada for V8 engine failure issue
General Motors in the U.S. is voluntarily recalling 2021 through 2024 full-size pickups and SUVs equipped with a 6.2L V8 “L87 ...
GM drowning in unsold BrightDrop vans as mounting EV inventory sparks mass layoffs
A glut of the slow-selling delivery vans has built up on both sides of the U.S.-Canada border as GM fails to gain ground ...
GM suspends guidance, freezes share buyback on Trump tariffs
General Motors Co. is pulling earnings guidance for 2025 and putting US$4 billion in share buybacks on hold until it has more ...
GM laying off hundreds of CAMI employees
General Motors is temporarily halting and then reducing production of the BrightDrop electric delivery van at Ingersoll’s ...
GM Recalling 598,000 Full-Size Pickups and SUVs Over Engine Failure Concerns
The large recall impacts 202–2024 model year Cadillac, Chevy, and GMC trucks with the 6.2-liter V-8.
GM’s cost for cars made in Mexico or Canada to rise by $4,300 per vehicle and dent profit
UBS downgraded GM’s stock to neutral from buy and slashed its price target on the stock to $51 from $64. Analysts also cut their first-quarter earnings estimate for GM to $2.79 a share from $2.89. The ...
GM pauses share buybacks over Trump tariff uncertainty
General Motors has temporarily suspended share buybacks and warned investors that its previous annual guidance can no longer “be relied upon” owing to the uncertainty caused by Donald Trump’s tariff ...