GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM's Electric Vehicles Finally Earned More Than They Cost to Make
General Motors announced that its EVs became "variable profit positive" last year, earning more money than the labor and ...
American Axle's latest acquisition highlights its long rise from near death
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...
MLive1d
GM profit-sharing checks hit new record with worker payouts up to $14,500
General Motors’ 2024 profits will net hourly workers up to $14,500 -- a new record for the annual profit-sharing checks.
GM’s electric vehicles are finally making money — sort of
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
GM Authority9d
GM Continues To Use 3D Printing To Reduce Manufacturing Costs, Increase Safety
GM continues to use and expand the use of 3D printing to lower costs, create lightweight fixtures for greater factory ...
Why GM shares drop around tariff uncertainty, despite Wall Street beat
Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance ...
Michigan Democrats falsely say GM idled EV factory due to Trump's executive order
State Democrats revised a statement that originally asserted incorrectly that "factories (are) already idling because of ...
General Motors swings to fourth quarter loss on charges related to China, but tops expectations
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue ...
How Hendrick Motorsports became a leading player in advanced manufacturing
Hendrick Motorsports Technical Solutions was formed in 2019 as a division of Hendrick Motorsports. The advanced manufacturing ...
Crain's Detroit1d
American Axle to acquire London-based supplier in $1.44B deal
American Axle & Manufacturing Holdings Inc. plans to acquire British peer Dowlais Group Plc in a $1.44 billion deal that ...