GENERAL MOTORS

General Motors closes a chapter in muscle cars, as the sixth-generation Chevrolet Camaros will come off the assembly line in January 2024.

The Chevrolet Camaro, for decades the dream car of many teenage American males, is going out of production early next year. But General Motors says another generation may be in the works.

The automaker plans to stop producing the iconic muscle car in January 2024.

The Chevrolet Camaro has for decades been the dream car of many teenage American males.

The Chevrolet Camaro, for decades the dream car of many teenage American males, is going out of production. General Motors, which sells the brawny muscle car, said Wednesday it will stop making the current generation early next year. The future of the car, which is raced on NASCAR and other circuits, is a bit murky.

General Motors’ Cruise autonomous vehicle unit has asked California for permission to test the cars across the entire state.

GMC and Buick are dropping a mandatory $1,500 OnStar subscription from most models for 2024. It has been a required purchase since last June.

The Detroit automaker says the buyouts will be offered to most U.S. salaried workers and some global executives.

Some salaried employees who have been with the automaker for as little as two years will receive a buyout offer.

General Motors is offering buyouts to most of its U.S. salaried workforce and some global executives in an effort to trim costs as it makes the transition to electric vehicles. The Detroit automaker wouldn't say how many workers it is targeting, but confirmed that the move is aimed at accelerating attrition to meet a previously announced goal of $2 billion in cost cuts by the end of next year. GM has about 58,000 salaried workers in the U.S.

GM making some performance-related job cuts

GM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits.

Some Ford F-150 Lightning owners are being asked to have their vehicles serviced to "prevent performance degradation" of the high-voltage battery.

The next step towards electric cars just becoming cars is playing out on your TV screen.

The Biden administration announced rules and commitments to expand EV charging stations, including cooperation from Tesla, Ford, GM, ChargePoint, and others.

General Motors president Mark Reuss said the company has no plans to build a gasoline-powered rival to the Ford Bronco or Jeep Wrangler off-road SUVs.

Kia's "Binky Dad" Super Bowl commercial generated the most interest in its vehicles on Cars.com among the four automakers that advertised during the game.

Among the celebrities making an appearance in Super Bowl LVII ads are Adam Driver, Will Ferrell and Serena Williams.

The only automakers expected to advertise during Sunday's game between the Eagles and Chiefs on Fox are GM, Kia and Stellantis' Ram and Jeep brands.

Among the celebs making an appearance in Super Bowl LVII ads are Adam Driver, Will Ferrell and Serena Williams.

GM has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of U.S.-produced semiconductor chips.

Among the celebs making an appearance in Super Bowl LVII ads are Tony Romo, Adam Driver and Serena Williams.

Tesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits.

Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.

The Treasury Department said Friday it is making more electric vehicles — including SUVs made by Tesla, Ford and General Motors — eligible for tax credits of up to $7,500 under new vehicle classification definitions.

The EV tax credit change follows Tesla CEO Elon Musk publicly criticizing the former standards as well as GM and Ford lobbying to adjust the guidelines.

General Motors executives blamed U.S. battery cell plants for the company's slow rollout of EVs.

As automakers scale up their electric vehicle production, they will also have to compete to control access to minerals critical for production, like lithium.

These are the stocks posting the biggest moves during midday trading.

GM to invest $650 million in the lithium company Lithium Americas to support its EV business, which CEO Mary Barra says will have "a breakout year" in 2023.

These are the stocks posting the largest moves before the bell.

The auto industry's earnings and forecasts are being closely watched by Wall Street for any signs of weakening consumer demand.

Ford and General Motors are set to report earnings this week.

Tesla is installing the machinery needed to build the Cybertruck pickup and expects to begin low volume production sometime this summer in Texas.

Tucked in the back corner of an outpost paddock at Daytona International Speedway stood the chief executive of Ford, leaning against a cart having a casual conversation with the heads of The Wood Brothers Racing team. Jim Farley was wearing a firesuit and hardly looked the CEO part. The 60-year-old made his professional racing debut with a 12th-place finish in the IMSA VP Racing SportsCar Challenge at Daytona.

GM is expected to continue with its plans to build the plant but is searching for another partner, according to a person familiar with the decision.

General Motors says it will spend $900 million to update four factories, with the bulk going to an engine plant in Flint, Michigan, to build the next-generation V8 for trucks and SUVs (Jan. 20)(AP video: Mike Householder)

About $579 million will go toward GM's sixth-generation family of small-block V-8 gas engines that are used in highly profitable vehicles.

General Motors says it will spend more than $900 million to update four factories, with the bulk going to an engine plant in Flint, Michigan, to build the next-generation V8 for big pickup trucks and SUVs.

General Motors has designed a subcompact two-door electric pickup that it's considering putting on sale and has started doing market research on the idea.

The Chevy Corvette E-Ray – starting at about $104,000 – may surprise some consumers, as it's a step toward full electrification but a unicorn in GM's lineup.

From electric off-roaders to heavy-duty trucks for towing trailers

The fastest Corvette ever made comes out later this year, and it’s not powered soley by a howling V8.

The 2024 Chevrolet Corvette E-Ray hybrid will be the quickest production version ever of the American sports car.

The new team would require F1 and FIA agreement and would not be possible until 2026, Sky Sports reports.

General Motors will attempt to enter Formula One by partnering with Andretti Global under its Cadillac banner as it supports Michael Andretti’s bid to launch a two-car American team.

Ford reported sales of more than 1.9 million vehicles in 2022, including an increase of 3.2% during the final month of the year.

GM said Wednesday it sold 2.27 million vehicles in the U.S. in 2022, up by 2.5% for the year.

However, Elon Musk's electric car maker missed Wall Street forecasts for the last three months of the year.

As the auto industry goes electric, there have been so many massive battery projects announced that it can be hard to keep track of them all. So we added them up for you.

Senator Wyden wants automakers to account for their ties to a region in China where the U.S. is concerned about the use of forced labor.

CNBC's Michael Wayland recently tested "hands-free" systems from Tesla, GM and Ford. Theirs are among the most readily available and dynamic on the market.

In rare cases, exhaust gases from a seat belt part can come in contact with carpet fibers, potentially causing a fire.

U.S. automotive safety officials have opened a formal probe into the autonomous driving system used by General Motors' self-driving vehicle unit Cruise.

The prestigious title and accompanying "Golden Caliper" award are highly sought by automakers globally every year.

Both automakers decreased their fuel economy and increased C02 emissions since the 2016 model-year, as did Hyundai Motor, Mazda and Volkswagen.

A joint venture between General Motors and South Korean battery company LG Energy Solution has closed on a $2.5 billion federal loan to help finance three lithium-ion battery cell plants in Ohio, Tennessee, and Michigan.

Workers at a General Motors joint venture electric vehicle battery factory in Ohio have voted to join the United Auto Workers union.

The vote was being closely watched as such battery plants are viewed as crucial for automakers to transition to all-electric cars and trucks.

Reform-minded candidates won several races as members of the United Auto Workers union voted on their leaders in an election stemming from a bribery and embezzlement scandal involving former union officials.

General Motors expects its portfolio of electric vehicles to turn a profit in North America by 2025.

General Motors’ third-quarter net profit rose 36.6% as vehicle sales began to rebound from persistent parts supply chain troubles.

BMW will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start producing electric vehicles and an additional $700 million to build a electric-battery plant nearby.

General Motors is creating a new energy division that will include chargers for electric vehicles, solar panels and other energy-related products and services.

New vehicle sales in the U.S. are expected to have fallen slightly in the third quarter, even with improvement in September.

A parts shortage that has thousands of Ford’s most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.

When it came time to showcase its electric Chevrolet Equinox SUV to the public this year, General Motors decided against doing so at the big Detroit auto show, as it typically would have done in the past.

General Motors’ self-driving car company has announced plans to expand a robotaxi service into new markets in Arizona and Texas before the end of this year.

Auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers.

California will require all new cars, trucks and SUVs sold in the state to run on electricity or hydrogen by 2035.

Technology stocks led Wall Street lower, leaving major indexes in the red for the week.

The surprise deal by Senate Democrats on a pared-down bill to support families, boost infrastructure and fight climate change is likely to jump-start sales of electric vehicles.

Members of the United Auto Workers union have rescinded an increase in strike pay that had been approved earlier in their annual convention.

Asian stock markets have followed Wall Street lower as traders prepare for a possible sharp interest rate hike by the Federal Reserve to cool inflation.

A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.

General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and caused the company’s U.S. sales to fall more than 15%.

Asian stock markets have followed Wall Street lower as traders prepared for a possible sharp interest rate hike from the Federal Reserve to cool inflation.

If the United Auto Workers union can’t organize workers at new electric-vehicle battery factories that will supply Detroit’s three automakers, the union’s future would be in serious doubt.

In their first rollouts of electric vehicles, America’s automakers targeted people who value short-range economy cars.

General Motors will keep its headquarters in its seven-building office tower complex in downtown Detroit, its CEO says.

The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: She pledges that by the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader.

The global semiconductor shortage is still vexing the auto industry.

The global shortage of computer chips forced General Motors to build 95,000 vehicles without certain components during the second quarter.

California regulators have given a robotic taxi service the green light to begin charging passengers for driverless rides in San Francisco.

General Motors’ net income declined in the first quarter, as the automaker sold fewer cars and trucks worldwide, though higher prices helped boost revenue, especially in North America.

U.S. safety regulators have opened an investigation into electric and hybrid vehicle batteries after five automakers issued recalls for defects that can cause fires or stalling.

U.S. new-vehicle sales fell about 12% in the first quarter compared with a year ago, as the global computer chip shortage continued to slow factories amid high consumer demand.

General Motors is recalling more than 740,000 small SUVs in the U.S. because the headlight beams can be too bright and cause glare for oncoming drivers.

General Motors has lost a bid to avoid recalling about 727,000 small SUVs in the U.S. with headlight beams that can be too bright and cause glare for oncoming drivers.

General Motors says Kyle Vogt will take over as CEO of its Cruise autonomous vehicle subsidiary, which he helped found in 2013.

On the field, the Los Angeles Rams are facing off against the Cincinnati Bengals in Super Bowl 56.

Workers at a General Motors assembly plant in northern Mexico have voted for a new independent union to represent them after casting off a collective bargaining agreement negotiated by an old guard union last year.

Vehicles were scarce due to a global shortage of computer chips, but that drove prices up and helped General Motors increase its net income 56% last year.

General Motors says it wants to add more than 8,000 technical workers this year.

General Motors is making the largest investment in company history in its home state of Michigan, announcing plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery cell plant.

General Motors is poised to announce next week major electric vehicle investments in Michigan.

Even though the consumer appetite for electric pickup trucks is a bit murky, the competition for buyers just got a whole lot tougher.

U.S. new vehicle sales rebounded slightly last year from 2020′s dismal numbers, but were still about 2 million below the years before the coronavirus pandemic.

The CEO of General Motors says the automaker learned valuable lessons last year when it stepped in to boost emergency production of ventilators to treat severely ill COVID-19 patients.

General Motors has taken two more steps to make sure it has the raw materials for the transition from petroleum to battery power, this time involving magnets for electric vehicle motors.