All articles tagged with #gm
The Athletic reported Broncos GM George Paton’s name is circulating in discussions about the Minnesota Vikings’ GM vacancy, though he remains under contract with Denver through 2026 and talks of a long‑term extension have been mentioned. Paton has fostered a productive partnership with coach Sean Payton and overseen a successful drafting period, making a move elsewhere possible but unlikely unless circumstances change.
GM beat 2025 earnings, announced a 20% dividend increase and a $6 billion buyback, and guided stronger 2026 results as analysts praise its execution and capital allocation amid tariffs and political uncertainty. The company plans to invest $10–12 billion annually in 2026–27 to expand U.S. manufacturing, offset tariff costs with regulatory savings and efficiency gains, and relies on robust cash flow (over $20B year-end) to fund returns while continuing to shift toward more profitable traditional vehicles.
GM reports 2025 results with EBIT-adjusted at the high end of guidance and a 54% total return; U.S. market share rose to its highest since 2015, OnStar subscriptions hit 12 million, and several vehicles earned top awards. For 2026, GM targets 8–10% EBIT-adjusted margins in North America, continues strong cash generation, raises the dividend by 20%, and launches a $6B share repurchase while expanding U.S. production toward 2 million units and accelerating its EV profitability plan, all while reiterating forward-looking risk disclosures.
GM will shift the Buick Envision’s successor from China to Fairfax Assembly in Kansas City for vehicles sold in the United States, starting in 2028, while models for other markets could still be produced in China. GM says the move strengthens its domestic manufacturing footprint amid tariffs on imports and a push to boost U.S. jobs, noting previous investments and related plant expansions (such as Equinox production in Kansas City). Tariffs on foreign-made cars have been around 25% in recent years.
Ford (F) won conditional FDIC clearance to start an industrial bank in Utah, with deposits, CDs and later auto-loan financing; the development coincides with Kentucky plant expansion, and despite the news, Ford stock slipped fractionally as analysts reiterated a Hold rating with limited upside.
GM says the next-generation Buick compact SUV will be built in the United States at Fairfax Assembly in Kansas City, Kansas, starting in 2028 for domestic sales, while production in China may continue for other markets. The shift aligns with U.S. pressure to onshore manufacturing amid tensions with China and tariffs; the Buick Envision has been produced in China for the U.S. since 2017, and the new model will join the Chevrolet Equinox at Fairfax after Bolt production ends, with GM highlighting roughly $5.5 billion in recent U.S. manufacturing investments to support jobs.
GM has moved its corporate headquarters to a downsized, 200,000-square-foot space at Hudson's Detroit on Woodward Ave, aiming for a frictionless, highly collaborative setup while keeping Detroit as its global HQ. The move is part of a broader multi-site Southeast Michigan campus that includes the Tech Center and the Warren Technical Center, where about 25,000 engineers and staff now work. The space emphasizes flexibility with mostly unassigned offices (only four permanent executive offices) and will feature public-facing community spaces; Hudson's Detroit also hosts tenants like JPMorgan Chase and Accenture as part of the mixed-use development.
GM opens its new global headquarters at the Hudson’s Detroit complex, weaving artifacts and design cues from its 120-year history into a heritage-forward space, while the Renaissance Center era ends as Bedrock advances a $1.6B downtown redevelopment to unlock riverfront public space with residential, office and hotel components.
General Motors faces approximately $6 billion in charges in Q4 due to declining EV sales following the U.S. ending EV tax incentives and easing emissions standards, impacting its ambitious electric vehicle plans.
General Motors reported a $6 billion impairment charge due to unprofitable EV investments, citing reduced consumer demand following the removal of federal tax incentives and relaxed emissions regulations, leading GM to scale back EV capacity and shift production focus.
Fiat's sales in the US are extremely poor, with only 84 cars sold in 91 days, highlighting its struggles alongside other Stellantis brands. GM and Ford had mixed results, with GM focusing on profitability despite sales declines, especially in EVs, and Ford ending the year strong with popular models like the F-Series and Bronco. Mercedes announced a new Level 2++ driving assist system in the US, aiming to compete with Tesla's FSD, which could reshape the autonomous driving landscape.
In 2025, General Motors reported a 5.5% increase in U.S. sales driven by EVs and SUVs, while Stellantis' Jeep brand achieved its first U.S. sales increase since 2018, marking a positive shift amid industry-wide variations.
General Motors' stock has surged over 55% in 2025, making it the top-performing U.S.-traded automaker stock of the year, driven by strong earnings, strategic stock buybacks, and favorable regulatory changes, outperforming Tesla, Ford, and others.
GM is testing a digital key feature for select Cadillac EV owners, allowing them to lock, unlock, and drive their vehicles via smartphone or smartwatch, with wider availability expected soon across GM's lineup.
In 2025, General Motors led U.S. vehicle sales with over 2.8 million units sold, despite a slowdown in the year's final quarter, driven by industry adjustments to tariffs and consumer incentives, with Toyota and Ford following in market share and sales volume.