But GM did experience some higher costs. Its warranty costs rose by $700 million in the quarter due in part to inflation making parts more expensive and some "issues" the automaker had to fix on ...
GM has identified the cause of inoperable Super Cruise driver assist systems in multiple vehicle models as the result of ...
GM is making significant strides in the luxury ... General Motors is drawing closer to the top of the sales charts in this competitive market. Meanwhile, established European rivals fail to ...
The operating environment in China remains challenging, with GM International's third-quarter EBIT adjusted down $300 million year-over-year. Warranty costs have increased due to inflationary ...
Reuss said GM had eliminated 2,700 unique parts, including seat assemblies and wiring harnesses, from its inventory. On average, the company is seeing a 10% reduction in total part numbers per ...
General Motors (GM) sees more electrified financials in its future. GM CFO Paul Jacobson told Yahoo Finance on Tuesday the company is eyeing $2 billion to $4 billion of additional improvements in ...
According to The New York Times, GM will collect around $800 million in subsidies from the government for manufacturing EV batteries in the US thanks to the Biden administration’s Inflation ...
That means GM is selling cars at higher average prices this year than it was in 2023. Its average transaction price in North America reached nearly $50,000. GM last year estimated that the strike ...
GM stock has gained 34% this year, driven by expectations of improving profitability and higher truck sales. This compares to rival Ford stock, which has seen its stock fall by almost 10% over the ...
"GM will begin winding down operations at Kapuskasing Proving Grounds, which has made significant contributions to GM’s North American cold weather testing for over 50 years," GM Canada ...
There is no mileage limit, but the warranty is only valid for the first five years after purchasing the car. Any genuine Honda Accessories (wheels, roof rack/box, customized interior parts etc.) ...
GM also saw a $700 million increase in warranty costs, which Jacobson blamed on inflation in parts and labor costs to fix the problems. He said there were problems with older models that have been ...