GM


GM To Invest $2.2B Turning Detroit Plant Into New Electric-Vehicle Hub

General Motors (GM) has announced that it is investing $2.2B to reconfigure its Detroit-Hamtramck Assembly Center to an all-electric vehicle assembly plant, and …

GM China 3Q Vehicle Sales Jump 12%; Merrill Lynch Sees 87% Upside

General Motors reported on Monday that its car sales in China grew 12% in the third quarter ended September from the same period …

Goldman Sachs To Snap Up GM’s Credit Card Unit For $2.5B – Report

Goldman Sachs is on the cusp of clinching a deal to buy General Motors Co.’s credit-card business for about $2.

Nikola Pops 15% In Battle To Win Back Confidence

Nikola shares jumped 15% on Wednesday as the electric truck maker issued a lengthy statement confirming that it is making progress in achieving …

General Motors To Invest $71M In Two Ohio Plants

On Monday, General Motors (GM) announced its plans to invest $71 million in two Ohio manufacturing facilities, which will enable the company to …

Nikola Shares Hit As Short Seller Claims EV Maker Is An ‘Intricate Fraud’

Shares in Nikola plunged 11% on Thursday after short seller Hindenburg Research released a report claiming that the maker of hydrogen-fueled vehicles is …

GM Snaps Up 11% Nikola Stake In Electric Trucks Partnership; Shares Soar

Investors rushed to pile up on Nikola shares as the company teamed up with General Motors to build electric pickup trucks and fuel cell …

General Motors Plans To Jointly Develop Cars With Honda

General Motors signed a memorandum of understanding with Honda Motor to jointly develop future vehicle platforms in the North American market. Shares of General …

GM, EVgo Team Up To Add 2,700 EV Fast Chargers; CS Says Buy Stock Now

General Motors Co. (GM) and EVgo are collaborating to add more than 2,700 fast chargers in the US over the next five years, …

GM To Release Electric Truck Next Year With 20 More EVs By 2023

General Motors Company (GM) plans to release a full-size electric Chevrolet pickup truck offering a range of 400 miles sometime next year. On …

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