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Cadillac Celebrates Launch of LYRIQ at Spring Hill, Tennessee, Assembly Plant
2022-03-21
Today, General Motors marks another major milestone in its commitment to an all-electric future as Cadillac formally celebrates the beginning of retail production of the 2023 Cadillac LYRIQ at GM’s Spring Hill, Tennessee, assembly plant. GM President Mark Reuss, Cadillac Vice President Rory Harvey, Tennessee Gov. Bill Lee, UAW representatives, plant employees and other officials joined together today to celebrate this milestone.
GM Announces Additional Investment in Cruise
2022-03-18
Today, General Motors Co. (NYSE: GM) announced it is acquiring SoftBank Vision Fund 1’s equity ownership stake in Cruise for $2.1 billion and separately will make an additional $1.35 billion investment in Cruise, replacing a previous commitment made by the fund in 2018. Since GM acquired a majority ownership stake in 2016, Cruise has made self-driving cars a reality and is a leader on the pathway to commercial autonomous ridesharing and delivery, creating significant value for both GM shareholders and Cruise’s minority shareholders.
Cadillac to Celebrate Major Milestone at Spring Hill, Tennessee, Assembly Plant
2022-03-17
General Motors Co. (NYSE: GM) will share details about its commitment to Cadillac’s all-electric future in Tennessee on Monday, March 21, at approximately 11 a.m. CT.
GM Honors Top Global Suppliers with 30th Annual Supplier of the Year Awards
2022-03-17
General Motors celebrated its top global suppliers this week at its 30th annual Supplier of the Year awards ceremony held in Phoenix, Arizona. Recipients of the Supplier of the Year recognition included 134 suppliers representing 16 countries. Additionally, 31 suppliers from 12 countries earned GM’s Overdrive Award.
PG&E and General Motors Collaborate on Pilot to Reimagine Use of Electric Vehicles as Backup Power Sources for Customers
2022-03-08
Pacific Gas and Electric Company and General Motors today announced a breakthrough collaboration to pilot the use of GM electric vehicles as on-demand power sources for homes in PG&E’s service area.
GM Expands its North America-focused EV Supply Chain with POSCO Chemical in Canada
2022-03-07
Today, General Motors Co. (NYSE: GM) and POSCO Chemical announced that they are working with the governments of Canada and Quebec to build a new facility in Bécancour, Quebec, estimated at $400 million (C$500 million). The new facility will produce cathode active material (CAM) for GM’s Ultium batteries, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ.
General Motors Announces Jeffrey Morrison to Lead Global Purchasing and Supply Chain
2022-03-03
General Motors (NYSE: GM) today announced the appointment of Jeffrey (Jeff) Morrison as vice president, Global Purchasing and Supply Chain, effective April 1.
General Motors Announces Shilpan Amin to Lead GM International
2022-02-24
General Motors (NYSE: GM) today announced the appointment of Shilpan Amin as GM senior vice president and president, GM International. Amin replaces Steve Kiefer, who has elected to retire after almost 40 years in the auto industry. Amin’s appointment and Kiefer’s retirement are effective April 1.
General Dynamics Land Systems Adds GM Defense to Team for OMFV Competition
2022-02-16
General Dynamics Land Systems, a global leader in innovative technology and next-generation ground combat solutions, announced today that GM Defense, a subsidiary of General Motors, is joining its project team for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) competition.
Building on Commitment to Equitable Climate Action, General Motors Announces Doubling of its Climate Equity Fund
2022-02-14
Today, General Motors announced it will expand on its philanthropic commitment to equitable climate action by doubling its Climate Equity Fund, dedicating a total of $50 million to help close equity gaps in the transition to electric vehicles and other sustainable technology. This is in addition to the company's commitment to invest $35 billion globally in EV and AV programs, research, technology, manufacturing and charging infrastructure.
Dr. EV-il Fights Climate Change in GM’s Big Game Spot
2022-02-10
The cast of Austin Powers will reunite in General Motors’ big game ad, taking aim at climate change in a humorous way. In “Dr. EV-il,” an extension of GM’s “Everybody In” campaign, Dr. Evil meets his match – climate change – and learns he is now the second biggest threat to the world. To regain his top position, Dr. Evil and his evil sidekicks hatch a diabolical plan to take control of GM, using the company’s Ultium Platform to fight this new nemesis.
2021 Full-Year and Q4 Letter to Shareholders
2022-02-01
Since 2017, GM has been fundamentally reimagining every aspect of our business to prepare for an all-electric future.
GM Reports 2021 Full-Year and Fourth-Quarter Results, Including Record Earnings
2022-02-01
General Motors Co. (NYSE: GM) today reported 2021 full-year earnings that include net income of $10 billion, EBIT-adjusted of $14.3 billion, net income margin of 7.9%, EBIT-adjusted margin of 11.3%, EPS-diluted of $6.70 and EPS-diluted-adjusted of $7.07. GM’s full-year net income, EBIT-adjusted, EBIT-adjusted margin and EPS measures are all records.
GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing
2022-01-25
Ultium Cells, a joint venture of LG Energy Solution and General Motors, today announced a $2.6 billion investment to build its third battery cell manufacturing plant in the United States. The facility will be located in Lansing, Michigan.
GM Accelerates its Drive to Lead the EV Industry with $7 Billion Investment in Michigan, Creating 4,000 New Jobs and Retaining 1,000
2022-01-25
General Motors Co. (NYSE: GM) announced today an investment of more than $7 billion in four Michigan manufacturing sites, creating 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. This is the single largest investment announcement in GM history. The investment includes construction of a new Ultium Cells battery cell plant in Lansing and the conversion of GM’s assembly plant in Orion Township, Michigan for production of the Chevrolet Silverado EV and the electric GMC Sierra, GM's second assembly plant scheduled to build full-size electric pickups.
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