Warren Buffett betting on big homebuilders while cutting GM stake
Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, on Monday disclosed new investments in the homebuilders DR Horton, Lennar and NVR. ...
Tag: general motors
Cadillac unveils all-electric Escalade IQ, a $130,000 luxury SUV
This Caddy is one giant baddie. General Motors on Wednesday unveiled an all-electric, larger-than-life version of the car company’s cash ...
GM to stop making Chevy Camaro car after sales slump
The Chevrolet Camaro, for decades the dream car of many teenage American males, is going out of production. General Motors, ...
General Motors explores using ChatGPT in cars
General Motors is exploring uses for ChatGPT as part of its broader collaboration with Microsoft, a company executive told Reuters. “ChatGPT is going ...
GM offers salaried employee buyouts, sees up to $1.5B charge
General Motors on Thursday said it was offering buyouts for most of its salaried employees and global executives and expects to take a pre-tax ...
New car prices skyrocket 30%
The soaring cost of new cars is pricing out most buyers as car manufacturers scale back on inventory — while ...
GM reclaims US auto sales title for 2022 from Toyota
General Motors on Wednesday posted a 2.5% rise in US new vehicle sales in 2022, outselling Toyota Motor, helped by an ...
GM recalls 740,000 trucks, SUVs over headlight issue
General Motors said Wednesday it is recalling 740,000 trucks and SUVs because daytime running lights may not deactivate when the ...
Used car prices fall but monthly payments spike
Interest-rate hikes from the Fed are raising average monthly car payments despite falling prices for used cars, according to a ...
GM recalls Chevy, Cadillac and GMC SUVs over seat belt glitch
General Motors is recalling more than 484,000 large SUVs in the US to fix a problem that can cause the ...
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