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Analysts say rightsizing is part of a bigger shift playing out in the auto industry.
New vehicle inventory is up an estimated 62% from last year as some supply roadblocks clear. But higher prices may stick.
GM is launching an electric version of its Chevy Equinox SUV with a price tag that starts around $30,000. It’s hoping to reach a broader market.
GM plans to buy back $5 billion worth of its own stock. Why do critics love to hate this corporate maneuver?
The limited-edition, electric Celestiq is expected to carry a very, very high-end price tag. It might help Cadillac refresh its image.
People will often accept risks posed by things they know — like gas-powered cars — but not things that are new to them.
The company says there’s a semiconductor shortage, and it will reassess the situation in mid-March
There isn’t a lot of experience or trust on which to base calculations about durability and cost savings for electric vehicles.
The move by the auto giant signals a shift as companies look to meet worldwide climate change goals.
GM had previously sided with the Trump administration in a legal fight over California setting its own emissions standards.