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General Motors (Page 4)

General Motors

General Motors Company (NYSE: GM) is a linchpin of the U.S. automotive industry, selling millions of vehicles every year - 8.3 million in 2018, to be precise – and employing more than 170,000 workers. More familiarly known as GM, the auto company counts iconic brands Buick and Cadillac under its corporate umbrella, as well the more utilitarian GMC brand and the budget-conscious Chevrolet badge.

Formed in 1908 in Flint, Michigan, General Motors has a long history with the Great Lakes State. Alongside the Ford Motor Company, GM’s presence in the region and its creation of popular cars under various brands are some of the main reasons that Detroit is so widely known as Motor City. GM is a Fortune 500 company and frequently appears in the top 25 of that list as one of the largest U.S. corporations by revenue.

Here at Torque News, we cover a wide variety of stories involving General Motors, from new models and announcements to the company’s latest technology developments and electric vehicle initiatives. GM plans to release more than 20 new electric models across its major brands by 2023 and you’ll hear about all of them on this site, as well as the latest and greatest from GM’s existing models.

By Carl Malek on January 25, 2022 - 11:35AM
GM has been working diligently to secure the final pieces for two major Michigan EV investments which would help breathe new life into both the Delta Township and Orion Assembly plants. While GM still has to polish some final details, the state of Michigan just gave GM a huge lift by approving the $824 million investment plan
By Carl Malek on January 22, 2022 - 5:34PM
General Motors has been teasing some form of investment for two of its plants in Michigan for a while now. However, a new set of rumors suggest that the company could issue a statement as early as next week on where things formally stand.
By Mary Conway on January 19, 2022 - 10:28PM
GM announced a new partnership to expand using its fuel cell technology beyond powering trucks, planes and trains. One type of fuel cell can be used to power charging stations to charge vehicles likes the Chevrolet Silverado EV.
By Carl Malek on January 19, 2022 - 4:04PM
When we last heard word on GM's plans to upgrade the 50 year old Orion Assembly Plant, the car giant was trying to secure a tax abatement from Orion Township to help convert it into a cog in its EV producing machine. In a welcome update, GM has confirmed that it has received the abatement.
By Carl Malek on January 15, 2022 - 6:22PM
The Ford F-150 Lightning is facing a growing pool of competition as it prepares to enter the EV pickup segment. A new arrival in the pool is the 2024 Chevrolet Silverado EV RST. How do these two stack up in a battle of statistics?
By Carl Malek on January 15, 2022 - 2:27PM
Recent reports have claimed that GM is losing precious ground and momentum to Ford as the race to electrification picks up steam. But what's really going on, and does GM have a chance to regain some lost ground?
By Mary Conway on December 22, 2021 - 7:23PM
As I first reported back in June, General Motors will start selling its battery and fuel cell technology to raise its overall revenue. Much of the money will be used to fund future EV projects like the Silverado E. The plan includes great news for all classic car lovers and owners.
By Carl Malek on December 18, 2021 - 8:47PM
With all the attention that GM's Ultium powered vehicles have received, it can be easy to forget that the company is also expanding its commercial vehicle operations with the upstart Brightdrop sub-brand aiming to appeal to commercial customers. That includes FedEx with the delivery giant receiving its first batch of EV600 vans.
By Justin Hart on December 17, 2021 - 9:27PM
The race is on! Multiple manufacturers are vying to beat or compete with Tesla in terms of EV market share in the U.S. As I discussed in a previous article, that is going to be very hard to accomplish. Let’s look at sales forecasts and ambitions from the two other U.S. automakers, GM and Ford, through the end of the decade to break this down a bit.
By Carl Malek on December 13, 2021 - 3:47PM
The ongoing Bolt battery recall and the subsequent stop in production would make many automakers call it quits on such a problematic model. However, a new report suggests that GM may be faced with more headaches if it formally axes the Bolt from its lineup
By Carl Malek on December 10, 2021 - 3:31PM
The move to enhance the production of components for the broader EV segment is moving at a rapid pace but while other parts of the country are getting battery plants and other facilities, Michigan has long been a locale viewing the action from a distance. A new report suggests that's now changing with the company exploring a potential investment for a Lansing area battery plant.
By Carl Malek on December 7, 2021 - 3:40PM
The financial pain that GM battery supplier LG Energy has endured to cover the ongoing Bolt battery so far has been immense with the company setting aside $918 million to cover it. However, it appears that LG is entering uncharted territory, with the company announcing an IPO to help raise an additional $10.8 billion.
By John Goreham on December 3, 2021 - 1:44PM
Step back and realize that Mazda sells more battery-electric vehicles right now in America than many much larger automobile manufacturers. Including our President's favorite.
By Carl Malek on November 29, 2021 - 6:33PM
GM and Tesla are ramping up their war in the EV segment, and things are heating up with GM CEO Mary Barra refusing to acknowledge the California-based EV maker during a recent interview.
By Peter Neilson on November 24, 2021 - 8:04PM
GM is notorious for doing cool things then, abandoning the idea. Here is why I think GM will build then abandon their EV plans including the Hummer EV.
By Carl Malek on November 23, 2021 - 7:25PM
GMC is ramping up preparations for the launch of the Hummer EV lineup, and has rapidly accelerated this effort with a series of bombshell details that add more weight to GM's claims of it being a revolutionary force in the EV segment with the company revealing the final range for the Edition 1 and when the first deliveries will begin.
By Carl Malek on November 16, 2021 - 2:11PM
The Chevrolet Bolt has been hobbled by an ongoing battery fire recall and investigation but a new report appears to shed some new details on what's exactly going on, while also showing the challenges involved in making sure it doesn't happen again.
By Carl Malek on October 27, 2021 - 3:18PM
The road to electrification is rapidly becoming a very profitable venture for many automakers, but GM wants to eliminate some of the anxiety of finding a charging station with an all-new charging station initiative.
By Carl Malek on October 19, 2021 - 9:47PM
The electric vehicle race is picking up steam but the surge in demand has also put increased demand on precious rare metals. With the limited availability of these materials, GM recently revealed how the 2022 GMC Hummer EV not only reduces the amount of materials needed for its electric motors, but also how it uses the metals it does have in a sustainable way.
By Carl Malek on October 19, 2021 - 12:11AM
GM has been very transparent about various aspects of its long-term EV plans, but we have not heard much from Mary Barra on her thoughts on how GM is doing on these plans, as well as her views on competing with Tesla. The wait is now over with the GM CEO sharing her thoughts and views on the current pace of electrification within the company.
By Carl Malek on October 8, 2021 - 5:32PM
Tesla may currently hold the throne at the moment when it comes to overall EV sales, but their iron grip on the sales throne could potentially be coming to an end, with GM revealing plans to challenge them with a new $30,000 EV SUV
By Mary Conway on October 7, 2021 - 10:58PM
During its investor presentations this week, GM outlined its hopes for doubling its revenue by leveraging some of its platforms and products. It also disclosed plans to electrify the Chevrolet Equinox and develop a smaller, electric SUV.
By Carl Malek on October 5, 2021 - 12:44PM
General Motors is putting the final touches on its plan to dominate the EV market, and it has unveiled plans to open a new battery lab that will not only help lower costs for the company and consumers but also potentially expand the range that future EV offerings can provide on a single charge.
By Carl Malek on October 4, 2021 - 10:41PM
GM's plan towards an all EV future just received a massive boost thanks to a new investor who not only supports GM but also aims to contribute towards the implementation of these plans.
By John Goreham on October 4, 2021 - 5:29PM
Although GM ceased new vehicle sales of the Bolt and Bolt EUV line during Q3, the results are still pretty solid.
By Carl Malek on October 2, 2021 - 12:50AM
General Motors has not pulled any punches when it comes to the EV market with the company preparing for an all-electric future. But while we have heard about some of the models that will be a part of the plan, the company is just now revealing the key role that software will play in helping make these dreams into a very lucrative reality.
By Carl Malek on September 28, 2021 - 10:46PM
GM's ongoing push towards EVs is not only focused on satisfying the needs of traditional consumers, but also commercial customers looking to add zero-emissions capability to their supply fleets. GM's BrightDrop commercial division is aiming to fill the void with its lineup of cargo vans and the upstart division has not only revealed their second van model but also confirmed that Verizon will be the first buyer of the new model.
By John Goreham on September 27, 2021 - 9:23AM
General Motors’ Cadillac Lyriq was posted for reservation and almost immediately sold out. So why do we need EV tax incentives?
By Carl Malek on September 23, 2021 - 5:47PM
General Motors is building an all-electric future with its Ultium battery technology, but we didn't hear much about the electric motors powering it. The company has addressed that by unveiling three different electric motors that will not only be mated to these batteries, but will also power GM into the future.
By Marc Stern on July 8, 2021 - 4:19PM
As car sales continue their blistering pace, the major automakers, Ford, GM, and Toyota continue to report sales are through the roof giving the carmakers the funding needed to increase the availability of electric vehicles.