Employing all these strategies is expected to save GM an estimated $2 billion in production costs. On the EV side, this may mean a price reduction of $6,000 on the MSRP of each.

GM's target to hit one million units of EV production capacity by 2025 may be in doubt as GM CEO Mary Barra comments on the automaker's plans.

GM CFO Paul Jacobson says the outcome of the U.S. election and Donald Trump's likely plans to axe the EV tax credit don't affect the automaker's EV strategy.

GM has pledged $20 billion for electric and autonomous vehicle programs through 2025. The automaker plans to have 20 EVs globally by 2023 and is converting its Detroit-Hamtramck Assembly plant in ...

GM said it would earn nearly $10 billion in 2023, but it has to work through troubles with EV production and its Cruise robotaxi business in 2024. January 28, 2024 06:00 AM ...

Fluent expects double-digit revenue growth and positive full-year Ebitda in 2026, led by the Commerce Media segment, as the ...

The automaker is still on track to produce 100,000 EVs in the second half of this year and ramp total EV production on a cumulative basis to 400,000 by the middle of 2024, she said, adding GM's ...

GM's EV Day And Electric Strategy Mar. 16, 2020 1:10 PM ET General Motors Company (GM) Stock TSLA, GM 115 Comments 16 Likes Randy Carlson 2.56K Follower s ...

Jacobson explained GM’s strategy of hitting every price point. He gave the example of the GMC Hummer EV appealing to the premium market while the Equinox can attract cost-conscious consumers.