General Motors News
General Motors awarded CEO Mary Barra compensation of $29.5 million in 2024, a 5.9 percent bump from the year before as the automaker posted strong earnings and executed on key business goals.
GM Canada said the move is designed to “balance inventory and align production schedules with current demand.”
General Motors is laying off workers at its all-electric Factory Zero plant where it is adjusting production “to align with market dynamics,” the company said.
General Motors is discontinuing the Cadillac XT6 gasoline-powered 3-row crossover at the end of 2025.
U.S. auto exports to China have dropped three consecutive years, and fell 13 percent to 109,356 in 2024, according to the China Automobile Dealers Association.
The Corvette concept is an advanced design study by a team based at a new studio in England.
The Corvette concept, which the automaker said is not intended for production, was an advanced design study by a design team based at a new studio in England. GM said more Corvette concepts are coming this year, as is a GMC concept.
The 2025 Cadillac Optiq bolsters the luxury brand's electric vehicle offerings and is aimed at younger buyers.
The 2025 Congress will bring together leading industry executives under the theme “Driving the Future: Innovation and Transformation in the Global Automotive Industry.”
The discounts run through the end of April on nearly all Jeeps, Rams, Dodges and Chryslers, and until June 2 on most Ford and Lincoln models. Rival General Motors declined to follow suit.
