[6] In addition to its four core brands, GM also holds interests in Chinese brands Baojun and Wuling via SAIC-GM-Wuling Automobile.[2] GM further owns the BrightDrop delivery vehicle manufacturer,[7]a namesake defense vehicles division which produces military vehicles for the United States ...
GM owns nearly-half (49%) of the finance company GMAC Financial Services, which offers automotive, residential and commercial financing and insurance. GM's OnStar subsidiary is a vehicle safety, security and information service provider. There have only been a limited number of models bearing the...
"GM seems to be showing that even at lower production they'll be able to rationally roll out EVs and not overspend on that," said Tim Piechowski, portfolio manager with ACR Alpine Capital Research in St. Louis, which owns GM shares. GM reported a 14% increase in net income o...
Ahead of the annual North American International Auto Show in Detroit, which opens to the public on Saturday, a number of automakers have debuted new CarPlay-supported vehicles, including models with first-time compatibility from Audi, Honda, and General Motors brands Chevrolet and GMC. Audi SQ5...
The car manufacturer, which owns Buick, Cadillac, Chevrolet and GMC, swapped out the logo it’s used since 1964 for one that helps to underscore its new future. Image: General Motors The logo’s uppercase GM was changed to a lowercase gm, and set in a friendlier font with a gradient...
The deal with Stellantis — which owns Chrysler, Dodge, Jeep and Ram, along with several foreign auto-brands — comes three days after the UAW came to terms with Ford, leaving only General Motors without a contract with the union. Less than an hour after news of the deal was announced, ...
Ford, #3: Sales by its Ford and Lincoln brands combined rose 7.1% in 2023 to 1.996 million vehicles (OK, 2.0 million), after seven years in a row of declines. From the recent peak in 2015, sales are down 23%. EV sales rose by 17.9% to...
Both brands are preparing all-electric pickups, including the Chevrolet Silverado EV, which will be revealed virtually on Jan. 5, during the Consumer Electronics Show. “The key constraint for sales continues to be reduced inventory levels as a result of the semiconductor shortage. Those inventory...
Ferraez, who owns Buick-GMC and Chevrolet dealerships in northern New Jersey, says the long warranty - in place since model year 2007 - wasn't on many customers' radars. That was GM's official rationale for reducing it to 5 years/60,000 miles for its two highest-volume U.S. brands,...
For many companies, 2020 was a challenging year due to the Covid-19 pandemic, which caused temporary shutdowns of manufacturing plants, halting production, sales, and deliveries. As the world began to open up in 2021, some of GM's brands witnessed growth, while others saw a decrease. GM ...