Costs News

Here you will find news and information about General Motors’ costs.

GM To Revise Full-Guidance Despite Strong Q1 2025 Profit

A strong Q1, but uncertainty remains for 2025.

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Most Buick Models Get Destination Freight Charge Increase

Interestingly, the Envision is unaffected.

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Many Cadillac Models Get Destination Freight Charge Increase

Nearly every model affected.

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Most Chevy Models Get Destination Freight Charge Increase

Corvette, Silverado, and Tahoe see largest freight hikes.

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Many GMC Models Get Destination Freight Charge Increase

Hummer EV, Yukon top the list.

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Crashed Cars Deemed Total Loss By Insurance Companies On The Rise

Higher insurance rates expected around the nation.

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Cadillac CT4 And Cadillac CT5 May Cost More Due To China Import Tariffs

New 10-percent tariff goes into effect.

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EV Battery Packs Have Gotten 90 Percent Cheaper Since 2008: Report

Steepest drop seen between 2008 and 2013.

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Chevy Among Brands With Lowest Ownership Costs In Spring 2024

Just outside the top five in terms of affordable ownership costs.

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EV Drivers In Some States Pay More Taxes Than ICE Vehicle Drivers

Fees at quick-charge stations are not always clear.

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GM’s Winning With Simplicity Strategy Will Save Millions In 2024

Less trim levels, less standalone options, less part numbers.

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Car Insurance Has Increased By 20 Percent In The Past Year

Related to the increased cost of repairs.

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GM Reevaluating Its Media Operations And Creative Agencies

As the automaker looks to reduce expenses.

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U.S. Treasury Department Clarifies EV Tax Credit Restrictions

Most GM vehicles still qualify.

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UAW Labor Contract Increases GM Vehicle Cost By $500

No word on if the costs will be handed to the consumer.

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GM Lost $1.1B Due To UAW Strike

Mostly due to lost production.

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New UAW Labor Contracts Won’t Raise Car Prices, Say Analysts

They also won't bankrupt the Big Three.

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2025 Cadillac Escalade IQ Battery Cost Estimated At $22,540

Approximately 17.3 percent of the Escalade IQ's starting price.

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UAW Strike Costing GM Upwards Of $800M So Far

The latest strike expansion to the GM Arlington plant will accelerate that figure.

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UAW Strike Has Cost U.S. Economy $5.5 Billion So Far, Says Industry Analyst

Automakers, workers, dealers, and suppliers all affected.

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Mass-Market EV Ownership Costlier Than ICE Vehicles, But Chevy Equinox EV Could Change That

If GM maintains its starting price of about $30,000.

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Annual Car Ownership Costs Reach $12,000 According To AAA

With soaring finance rates.

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GM Paid $128M In U.S. Fuel Economy Penalties

Opting to not use credits to cover violations.

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Ford CEO Says EV Cost Parity Won’t Happen Before 2030

Production and consumer costs likely to remain elevated until the next decade.

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2023 Chevy Bolt EV, Bolt EUV Cheap Vehicles To Own Over 5 Years, Says KBB

Ranking above the Nissan Leaf.

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2023 Chevy Tahoe Is A Cheap Vehicle To Own Over 5 Years, Says KBB

Replacing the Nissan Armada as the segment leader.

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