Regulators say hundreds of owners have complained about engine problems despite an earlier recall.
The U.S. National Highway Traffic Safety Administration said on Friday it has opened a probe into 997,743 General Motors pickup trucks and SUVs over concerns related to engine failure.
General Motors (GM) reported earnings 30 days ago. What's next for the stock?
General Motors NYSE: GM Chief Financial Officer Paul Jacobson said the automaker's first half performed “remarkably well,” supporting an increase in full-year guidance, while cautioning that the second half faces pressures from commodity inflation, onshoring costs and vehicle launch activity.
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GM is restarting EV battery production in Ohio after a seven-month shutdown, with about 1,400 workers expected back.
GM's 13.1% monthly gain reflects stronger core operations, improving earnings prospects and growth in software and digital services.
A factory jointly owned by General Motors and LG Energy Solution in northeast Ohio is scheduled to restart production of battery cells next week after a seven-month shutdown.
General Motors Company (GM) Presents at J.P. Morgan Automotive Conference Transcript
GM is exiting its Indiana battery JV with Samsung SDI as weaker EV demand prompts a pullback in battery investments.
General Motors' $4.5B parts plan aims to shield production from supply shocks by securing critical inventory ahead of potential disruptions.
GM reaches up to $4.5 billion parts deal designed to avoid supply chain troubles