Chevrolet Financial News

By David Shepardson and Joseph White

The auto workers’ strike against Detroit’s Big Three is now in its fourth day

By Paul Lienert

By David Shepardson

If the United Auto Workers strike isn't settled soon, consumers will see higher prices for new cars — and not just the ones from Detroit

By David Shepardson

(Reuters) — The United Auto Workers union began unprecedented, simultaneous walkouts at General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler parent Stellantis (NYSE:STLA)' U.S. operations early on Friday after failing to reach pay deals with the automakers.

(Reuters) — The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler parent Stellantis (NYSE:STLA) on Friday, kicking off the most ambitious U.S. industrial labor action in decades.

The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people

Every year, a number of new vehicles are discontinued, generally due to poor sales

Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000

Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000

Ford says it will start shipping new versions of the Mustang muscle car next week, and more than two thirds of the orders are for 5-liter V-8 engines

General Motors said Tuesday that it planned to equip all of its electric cars and trucks with the ability to act as backup power supplies during blackouts. The decision to install two-way charging technology in Chevrolet, Cadillac and GMC electric cars and trucks, enabling them to power homes in an emergency, shows how carmakers are marketing the vehicles as being not just cleaner than their gasoline counterparts, but also more practical. The technology will begin appearing in vehicles this year, including an electric version of the Silverado pickup and an electric Cadillac Escalade, which GM will unveil Wednesday.

NASCAR driver Noah Gragson has been indefinitely suspended by Legacy Motor Club due to his recent actions on social media. This decision follows his liking of a meme that mocked the tragic death of George Floyd. Gragson will not participate in the upcoming Cup Series race at Michigan International Speedway, and his spot will be filled by Josh Berry. The Legacy Motor Club released a statement via social media, expressing their immediate suspension of 25-year-old Gragson, citing his actions as inconsistent with their team's values. According to Fox Sports, Gragson's suspension was triggered by his liking of the controversial meme that made light of George Floyd's 2020 murder, a deeply divisive incident that sparked global conversations on racial issues. NASCAR also weighed in on the matter, pointing out that Gragson's conduct violated Section 4.4.D. of the NASCAR Rule Book, which addresses driver behavior. NASCAR's official statement supported the Legacy Motor Club's decision, highlighting Gragson's breach of the Member Conduct section in the 2023 NASCAR Rule Book. This violation led to his indefinite suspension. Gragson, while apologizing on X, said, «I am disappointed in myself for my lack of attention and actions on social media. I understand the severity of this situation. I love and appreciate everyone. I try to treat everyone equally no matter who they are. I messed up plain and simple.» Replacing Gragson, Josh Berry, an experienced 32-year-old driver, will take the wheel of the No. 42 Legacy MC Chevrolet at the FireKeepers Casino 400 event.

(Reuters) -Electric truck maker Nikola named its fourth CEO in as many years on Friday as its tries to navigate a host of challenges including depleting cash reserves, supply chain constraints and a pivot to hydrogen fuel cell technology.

General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash

General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago

By Paul Lienert and Joseph White

The Traverse, which has seen only two generations since its inception, has remained largely unchanged since 2017. Consequently, Chevrolet is now preparing to introduce the fully redesigned 2024 Chevrolet Traverse early next year, as per the report in Forbes. The unveiling of the new Traverse took place at a special event held at the Lansing Delta Township Assembly plant in Michigan, where the vehicle is manufactured alongside the Buick Envoy.

In the new car market, there exist some hidden gems — excellent vehicles with a lot to offer that are overlooked by many shoppers