The automaker reported its EVs were "variable profit positive" in 2024, meaning that they earned more money than GM spent on manufacturing costs like labor and parts. GM doesn't break out its EV ...
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United Auto Workers union, and said that it expects even better operating results ...
Toyota’s decades of work honing its hybrids led to the new Camry and Tacoma, respectively, Free Press Car and Truck of the Year. General Motors’ painstaking ― and occasionally painful ...
One of its most important new cars ended the year under a stop-sale order after customers and journalists experienced disastrous software bugs. Certainly, GM wasn’t alone in looking at the rise ...
GM's 2.7 million vehicles sold for the year in the U.S. was a 4% uptick from 2023 — still under 2019's nearly 2.9 million, but marking continued steady sales growth since a recent low point of ...
Prior to last year, GM struggled to make battery cell modules for those EVs, hampering production and sales of the cars. But GM said Friday that 2024 was its best year for EV sales ever.