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.

Michigan Approves GM EV Investments, $824M Investment Will Create 4,000 Jobs

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

GM Rumored To Announce Duet Of Michigan EV Investments Next Week

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.

GM Plans to Sell Mobile Generators and Charging Stations Using its Hydrogen Fuel Cell Technology

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.

GM Receives Tax Abatement For Proposed Orion Assembly Plant Upgrades

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.

Ford F-150 Lightning EV vs Chevrolet Silverado EV RST A Battle of Numbers

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?

GM Losing Momentum To Ford In EV Wars, Will It Recover Lost Ground?

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?

GM to Start Selling Battery Technology to Fund Future EVs

GM to Start Selling Battery Technology to Raise Money for Development of EVs Like Silverado E

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.

Fedex Recieves First Deliveries Of Brightdrop EV600

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.

GM and Ford are not likely to beat Tesla in U.S. EV sales by 2025

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.

General Motors May Be Stuck With Bolt Despite Reasons To Ax It

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

GM Exploring $2.5 Billion Investment For Lansing Area Battery Plant

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.

LG Energy Solution Seeks To Raise $10.8 Billion To Cover Bolt Recall

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.

Forget Tesla, Mazda Sold More EVs than General Motors In November

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.

GM CEO Mary Barra Refuses To Acknowledge Tesla In Interview

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.

Why The Hummer EV Is A Waste Of Time

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.

GMC Confirms 329 Mile Range For 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.

New Details Emerge On Possible Culprit For Ongoing Bolt Battery Crisis

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.

General Motors To Help Dealers Expand EV Charging Network, Commits To 40K Units

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.

GM Reveals EV Motors For 2022 Hummer EV Use Less Rare Earth Metals, Possibly Points To Long Term Sustainability

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.

Mary Barra Talks Candidly About GM's EV Plans, Details Competition With Tesla And New Vehicle Rollout

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.

GM Seeks To Dethrone Tesla From EV Sales Throne With Help Of $30,000 EV SUV

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

GM Hopes to Double Its Revenue, Adds Plans for Electric Equinox and Smaller Electric 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.

GM Reveals That It Will Be opening New Battery Cell Lab, Will Help Broader Plan To Cut

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.

Activist Investor Engine No.1 Buys Slice Of GM Stock, Fully Supports EV Plans

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.

Chevrolet Bolt EUV image by John Goreham

Chevy Bolt Outsells Nissan Leaf 2 to 1 Despite Being Off the Market

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.

GM Aims To Use Software As Key Profit Generator In Expanded EV Lineup

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.

GM Commercial EV Unit Expands Lineup With New Entry, Adds Verizon As New Buyer

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.

GM’s Upcoming $60K EV Crossover Sold Out In Minutes - Without Tax Incentive Support

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?

GM Unveils Three Electric Motors, Promises They Will Power All-Electric Future

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.

Ford Mustang Mach-E GT Sets Its EPA Mark

New Car Sales Continue Blazing Pace: Ford, GM, Toyota Report Hikes

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.

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