Economy News

GM Announces New $1.4 Billion Investment Cycle In Brazil

Getting ready for a new generation of locally developed Chevy vehicles.

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Argentina’s Economic Crisis Affects GM’s Local Business

High inflation rates and high taxes, among other things.

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GM Economic Impact In The United States Outlined In New Report

Generating a total of $116.5 billion worth of GDP.

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UBS Group Analysts See Ford, GM Profits Dropping 50 Percent In 2023

On concerns of demand destruction.

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Car Dealerships Expect Weak Q3 2022 Over Looming Recession

Low inventory, inflation fears, and interest rates all factors.

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GM And Other Automakers Urge Congress To Pass Microchip Funding Again

Automakers want the Biden Admin to increase U.S. chip-making capacity.

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Used Car Prices Currently Outpacing Bitcoin, Analyst Says

Are used vehicles a better investment than cryptocurrency?

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Chevy Silverado Buyers In Chile Face 13-Month Waiting List

Expected delivery in October of 2022.

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Car Dealerships Raking In Record Profits With Record Low Inventories

But low inventory levels are starting to become a problem.

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General Motors To Extend Production Downtime At Ingersoll And Fairfax Plants

The plants will be idled through to May 10th.

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General Motors Gives Q3 2020 Economic And Industry Update

Signs of recovery starting to show.

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GM CEO Mary Barra Expecting Full Economic Recovery By Early 2021

Barra sees a "relatively short-lived recession," on the horizon.

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General Motors Recalling Plant Workers To Prep Production Restart

No firm date yet for resuming production operations.

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Trump Includes General Motors In New COVID-19 Economic Task Force

GM CEO Mary Barra will work with Trump to jumpstart the U.S. economy in the coming months.

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General Motors Offering 0 Percent Financing, Deferred Payments Amid Coronavirus Pandemic

It's not a bad time to get a good deal on a new GM product.

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General Motors, Ford And FCA Band Together For Coronavirus Task Force

GM CEO Mary Barra will be among those leading the task force.

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Chevrolet Trailblazer, Buick Encore GX Production To Be Halted In South Korea

The stoppage will only last a couple of days.

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American Middle Class Is Being Priced Out Of New-Car Market

Americans are paying about 38% more for a new car or truck than they were 10 years ago.

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GM To Pull Out Of Indonesia By March 2020

GM has struggled to gain market share and turn a profit in the country.

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Analysts Predict GM Strike Could Affect GDP, Economic Indicators

The walkout affects far more than just GM and its workers.

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Buick Envision May Be Spared As China Trade Deal Nears

No tariff? No problem.

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GM CEO Mary Barra: New Jobs Will Require Workers To Relocate

But moving to another city isn't as easy as it may seem.

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Auto Industry Outlook Forecasts 30 Percent Drop By 2022

There's a reason why GM has restructured while things are peachy.

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Latest Study Shows Consumers Flocking To Used Cars At Record Highs

New-vehicle prices climb, used-car sales do too.

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GM China Trade Needs More “Certainty”

GM President Mark Reuss says tariff threats make business difficult.

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Automakers, Dealers And Suppliers Unite To Support No New Tariffs

A deadline for the president to potentially act on new auto tariffs is coming up in May.

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