GENERAL MOTORS

GM Reinstates Dividend. Ford's Yield Is Higher.

GM Reinstates Dividend. Ford’s Yield Is Higher.

Text size GM stock was rising after the auto maker said it was reinstating its dividend. Bill Pugliano/Getty Images American automotive giant General Motors is returning capital to shareholders again—and its stock was rising. The market reaction, however, looks to be lagging the boost Ford Motor (ticker: F) shares received when that company reinstated quarterly …

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Cadillac's newly unveiled electric car expected to cost around $300,000

Cadillac’s newly unveiled electric car expected to cost around $300,000

Cadillac is going back into a market segment it hasn’t occupied in decades: the world of true ultra-luxury cars with huge six-figure price tags. General Motors unveiled the Cadillac Celestiq on Friday, and the company wants it to beat the best in the world. The Celestiq, an electric car, is expected to cost as much …

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Cruise’s Robot Car Outages Are Jamming Up San Francisco

Cruise’s Robot Car Outages Are Jamming Up San Francisco

Around midnight on June 28, Calvin Hu was driving with his girlfriend near San Francisco’s Golden Gate Park when he pulled up at an intersection behind two white and orange autonomous Chevrolet Bolts operated by Cruise, a subsidiary of General Motors. Another was stopped to his right in the adjacent lane. The light turned green …

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GM Reclaims Top US Sales From Toyota After Losing 90-Year Streak

GM Reclaims Top US Sales From Toyota After Losing 90-Year Streak

2024 Chevrolet Blazer EVImage: General Motors The General has stolen the number one spot back from Toyota, Stellantis is anticipating another slow year of production in Italy and Jaguar has a new plan for the future: be Range Rover. All that and more in this Tuesday edition of The Morning Shift for July 5, 2022 …

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I Regret to Report That the Most American-Made Car Is a Tesla

I Regret to Report That the Most American-Made Car Is a Tesla

Photo: Associated Press Tesla seems to be leading the pack when it comes American-made cars, Senator Joe Manchin killed your hope of getting a bonus tax credit for EVs made with domestic union labor, and General Motors is hitting the pause button at the Hummer EV factory… but it’s a good thing. Plus: my cat …

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