CNBC's Phil LeBeau reports on the latest news from General Motors.
CNBC's Phil LeBeau joins ‘Squawk Box' to report on General Motors as the automaker will address investor concerns at its capital markets day Tuesday, held at its vehicle and battery plants in Spring Hill, Tennessee.
Everything from self-driving cars to the state of the U.S. auto industry should be on the agenda.
General Motors will attempt to address investor concerns during a capital markets day Tuesday at GM's vehicle and battery plants in Spring Hill, Tennessee. The automaker is facing slowing consumer demand and changing market conditions.
General Motors said Monday it is resuming production at two assembly plants in Texas and Michigan after it temporarily halted production at the plants last week because of impacts to its suppliers due to Hurricane Helene.
Seven years ago, GM became the first automaker to offer hands-free driving when it rolled out its Super Cruise advanced driver assistance system. Now, it's looking to push that capability even further with a system that would allow drivers to keep their eyes off the road too, according to one of GM's top software executives.
Seven years ago, GM became the first automaker to offer hands-free driving when it rolled out its Super Cruise advanced driver assistance system. Now, it's looking to push that capability even further with a system that would allow drivers to keep their eyes off the road too, according to one of GM's top software executives.
General Motors has temporarily halted vehicle production at two of its U.S. factories as its suppliers were hit by Hurricane Helene, CNBC reported on Friday.
GM has temporarily halted vehicle production at two U.S. factories that assemble highly profitable large pickups and SUVs due to impacts to suppliers as a result of Hurricane Helene. The automaker canceled shifts Thursday and Friday at plants in Flint, Michigan, and Arlington, Texas.
GM reports a 2.2% drop in U.S. sales for the third quarter due to a decline in sales of Chevrolet pickups. However, EV sales rise 60% year over year.
The more-affordable Chevy Equinox electric vehicle helped boost GM's third-quarter sales.
General Motors will assure investors next Tuesday that there is no need to panic about decelerating demand for electric vehicles and the U.S. automaker could even improve its profits in 2025, according to two people familiar with the plans.