VENTURE CAPITAL POST

General Motors said it will stop producing affordable Chevrolet Malibu cars later this year.

GM is to the rescue as it tries to lure Tesla interns affected by Elon Musk's layoffs. Here's what a GM spokesperson shared.

General Motors might need to leave China as losses mount to $106 million in just three months, the third time in 15 years.

Goldman Sachs and Barclays are reportedly vying to acquire General Motors' credit card business.

General Motors appoints an ex-Tesla and Google executive to be the new head of manufacturing.

LG Chem has entered into an agreement with General Motors (GM), which includes a plan to build a massive battery cathode factory in Tennessee.

General Motors (GM) marked a significant achievement in 2023, reporting a 14.1% increase in U.S. vehicle sales.

Several electric vehicle (EV) models, including the Nissan Leaf, Chevrolet Blazer EV, Tesla Cybertruck All-Wheel Drive, and some Tesla Model 3s, are no longer eligible for tax credits of up to $7,500.

General Motors (GM) has unveiled a $10 billion accelerated share repurchase program and reinstated its 2023 earnings guidance.

General Motors announced its plans to invest $328 million to to its Tonawanda and Lockport plants. The news came as a relief to the workers who felt reassured of their future as the company will retain hundreds of jobs on both plants.

General Motors Co.is planning to invest to make a very big investment with the Toledo Transmission.

App-based ride-hailing service Lyft announced its new initiative with GM, a car rental program called Express Drive. Aiming to grow its base of drivers, the new program will allow drivers to apply without owning a qualifying car but renting in instead.

General Motors is moving forward to compete in the autonomous car markets. The giant automaker has acquired a driverless cars software maker, Cruise Automation, for reportedly more than $1 billion.

General Motors discontinued and then sold its Saab and Saturn brands. Ironically, it made an announcement today that these cars from both brands consist of parts that could explode from the Takata airbag. The said cars’ manufacturing date was way back 2003 and a total of 180,000 vehicles are recalled in the U.S. while 20,000 units are from Canada.

GM is about to roll out yet another recall program, this time affecting 47300 vehicles in North America. The leading automaker has found issues with the brake nut that could lead to failure of this vital function. This is nowhere close to the first time the company called back its cars for some fix, and seems it won't be the last either.