General Motors Co. will boost output at two truck plants, allowing the company to beat its first-half forecast of $5.5 billion in profit and to hit the high end of its full-year target of around $11 billion.
June 3, 2021GM News Updates
GM to Beat Profit Targets as Truck Plants Ramp Up
GM Profit Surges on Sales of Higher-Margin Pickups
DETROIT — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on by a global shortage of computer chips.
May 5, 2021GM to Build Electric Pickup at Detroit Plant
General Motors Co. is about to enter the electric-pickup battle, announcing April 6 that it will build a battery-powered Chevrolet Silverado model at its Detroit-Hamtramck plant.
April 6, 2021GM to Halt Midsize Truck Production on Chip Woes
DETROIT — General Motors Co. is halting production for two weeks at its Missouri midsize truck plant due to a global semiconductor supply constraint, the automaker said March 24.
March 24, 2021GM’s BrightDrop to Make EV600s for Merchants Fleet
DETROIT — Merchants Fleet, a fleet management company, plans to purchase commercial EV vans from General Motors Co.’s newly formed company BrightDrop.
February 3, 2021GM Sets Goal of Going Largely Electric by 2035
General Motors Co. has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that.
January 28, 2021GM’s Mary Barra Boosts Stock as Tech Story Gains Credibility
All General Motors Co. CEO Mary Barra needed to hit a stock record was $27 billion and a bit of braggadocio.
January 20, 2021GM, Microsoft Lead $2 Billion Funding Round for Cruise
General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture.
January 19, 2021GM Announces New Electric Delivery Van, Electric Pallet
The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it.
January 12, 2021GM Changes Corporate Logo to Plug Its EV Strategy
General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern.
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